Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Germany " «

Hamborner increases FFO

Hamborner REIT AG has again enjoyed a highly successful financial year. According to preliminary annual financial statement figures that have not yet been audited, income from rents and leases amounted to €74.1 million in the 2017 financial year, up by €12.3 million or 19.8% on 2016 as a result of new investments in particula...
Thursday, 8. February 2018

Corestate: Immoscout24 MD Dr Michael Bütter new CEO

As of 1 May 2018 Dr Michael Bütter will become successor to the incumbent Chief Executive Officer Sascha M. Wilhelm, who will leave the Company as of 30 April 2018 in best mutual consent. Sascha M. Wilhelm: „It is a good and appropriate time to hand over a successful Company into new hands. I know and appreciate Michael Bütte...
Wednesday, 7. February 2018

Macquarie to acquire real estate fund manager GLL

Macquarie Infrastructure and Real Assets (MIRA), a division of the Macquarie Group, and GLL Real Estate Partners (GLL), the Munich-based real estate fund manager, have signed an agreement which will see GLL become the real estate equity investment platform for MIRA in Europe and the Americas operating under its own brand. The...
Wednesday, 7. February 2018
Cycas Hospitality boosts senior development team as part of European rollout

Cycas Hospitality boosts senior development team as part of European rollout

Cycas Hospitality has commited to its European expansion by opening its first property in continental Europe and growing its acquisition and development team through three new appointments. Cycas Hospitality has opened a dual-branded property under Marriott’s Moxy and Residence Inn brands. The hotels are located on Amsterdam’...
Wednesday, 7. February 2018
Prologis develops CO2-neutral logistics facility for L’Oréal

Prologis develops CO2-neutral logistics facility for L’Oréal

Prologis announced the construction start of a CO2-neutral logistics center for L’Oréal. At completion, the facility, located in Muggensturm near Karlsruhe, will comprise approximately 101,000 square meters of logistics space. Prologis purchased the land in January 2018 and repurposed what had previously been used as agricult...
Wednesday, 7. February 2018

Bundeskartellamt gives green light to Vonovia-Buwog takeover

The Austrian Federal Competition Authority has cleared the planned merger of Vonovia SE and Buwog AG on 5 February 2018. The German Federal Cartel Office already gave its approval on 25 January 2018. The approval of both competition authorities is a condition precedent for the completion of the voluntary public takeover offer...
Tuesday, 6. February 2018
CBRE GI sells K1 in Hamburg to Triuva

CBRE GI sells K1 in Hamburg to Triuva

CBRE Global Investors has sold the “K1 – Am Kaiserkai 1” mixed-use property in Hamburg to Triuva Kapitalverwaltungsgesellschaft mbH on behalf of a separate account client.
Tuesday, 6. February 2018

InCity purchases two residential and commercial properties in Berlin

InCity Immobilien AG has acquired a six-storey residential and commercial property, mainly with residential units, in the direct vicinity of Berlin’s central station and government district via a subsidiary. It has additionally acquired a six-storey residential and commercial property, also mainly with residential units, at a...
Tuesday, 6. February 2018

German pension funds acquire two resi developments in Cologne and Bremen

Corpus Sireo, on behalf of a consortium of pension funds, has acquired two residential developments in Cologne and Bremen. The resi-development in Cologne-Ehrenfeld is already in progress and is scheduled for completion in December 2018. The seller is the Düsseldorf-based project developer „Die Projektisten“. The second devel...
Monday, 5. February 2018

Vonovia starts Buwog takeover

Vonovia today launched the billionaire takeover of Buwog. Subject to the terms and conditions contained in the offer document the DAX-listed compan is offering the Buwog shareholders a cash consideration of €29.05 per Buwog share. Vonovia also is offering the holders of Buwog convertible bonds €115,753.65 in cash during the i...
Monday, 5. February 2018

Bulwiengesa property index rose by 5.7 percent

Throughout 2017, Germany’s real estate market was defined by low interest rates, strong liquidity positions on the player side, and a shortage in zoned land. As a result, the Bulwiengesa Real Estate Index gained for the 13th time in as many years, and registered its steepest growth since 1990-1992. The 5-year average improved...
Monday, 5. February 2018
Heureka Development and Soravia announce winning design for construction site in Mainz

Heureka Development and Soravia announce winning design for construction site in Mainz

Heureka Development and SoReal of Vienna, a subsidiary of Soravia, have jointly carried out an architectural competition for the southernmost building site on the Rheinallee, in the Zollhafen district of Mainz. In 17,000 square metres BGF (≈GEA) of floorspace, a hotel and a mixture of condominium and rental apartments are to ...
Monday, 5. February 2018

A&O Hotels and Hostels appoints Henri Wilmes as CIO

A&O Hotels and Hostels has appointed Henri Wilmes as Chief Investment Officer. His new role has become effective as of 8 January 2018. Wilmes brings extensive hotel and real estate investment experience to A&O.
Monday, 5. February 2018
Warburg-HIH sells two office properties in Ratingen to Obotritia Capital

Warburg-HIH sells two office properties in Ratingen to Obotritia Capital

Warburg-HIH Invest Real Estate has sold two office properties in Ratingen – both formerly part of a separate account – to Obotritia Capital. The two office buildings are located at Gothaer Strasse 27+29 and also at the adjacent address, Gothaer Strasse 31. The sole tenant of one of the buildings and one of the tenants of the ...
Monday, 5. February 2018

FIM Immobilien buys Vineyard retail portfolio

A UK investment fund, advised by CBRE, has sold the Vineyard retail portfolio to German property investor FIM. The portfolio consists of six convenience shopping centres and retail warehouses. The parties have agreed to keep the purchase price confidential. The six properties are located in Schweinfurt, Offenburg, Gernsheim, ...
Monday, 5. February 2018

Round Hill acquires four residential assets in Berlin

Round Hill Capital, advised by Round Hill, have completed the acquisition of four residential assets comprising 43 units located in desired micro-locations of Kreuzberg/Berlin. This transaction is part of Round Hill’s strategy of acquiring residential portfolios in 15 leading greater metropolitan areas in Germany.
Thursday, 1. February 2018

Internos acquires 75 units in Herne for sheltered housing

Internos Spezialfondsgesellschaft mbH has acquired 75 sheltered housing units in Herne, North Rhine-Westphalia, for its Care Invest I special fund. The units, which are still under construction, were purchased from Confirmus GmbH. The price has not been disclosed.
Wednesday, 31. January 2018