REFIRE — German Real Estate Finance

Catella launches €500m affordable German housing fund

Catella Real Estate AG, the investment management company of listed Swedish group Catella AB, has launched a new open-ended fund to invest in affordable German housing. The fund has already made its first investment, an apartment building in Mainz... more

German retail parks – more deals, but of lower value

The transaction volume for German retail parks slowed noticeably in the first half of this year, primarily due to the lack of supply of suitable assets, according to broker JLL. There is a noticeable trend towards more deals, but the average deal... more

Deutsche Wohnen books €672m profit in 1H

Germany’s second largest listed landlord Deutsche Wohnen has reported consolidated group profit of €672m in the first half of 2017, up from €647.2m in the same period last year, it announced in August. more

German lending climate loses its mojo

Germany’s lending market appears to be losing its mojo, according to a raft of data published over the summer. more

Is the Prop-Tech revolution in Germany a myth?

Is the Prop-Tech revolution really happening in Germany? A recent conference in Hamburg, jointly organised by academic institutions EBS Real Estate Management Institute and the IMMOEBS e.V., asked just how much is changing in Germany's drive... more

Deutsche Euroshop sees earnings jump on new centre openings

Listed German shopping centre investor Deutsche Euroshop boosted its funds from operations by nearly 13% to €70.9m in the first half of 2017, and grew its Group profit by 15.5% from €48.7m to €56.2m. The company said two new shopping centres, in... more

|

German resi market under pressure

Rising rents in German cities, coupled with an overbuild in rural areas could put the brakes on the residential market, the Cologne Institute for Economic Research (IW) warned this month. more

Sep 14, 2017 10:00 AM Sara Seddon Kilbinger Markets

KanAm buys in south Germany for new €500m real estate fund

German asset manager KanAm Grund has launched a real estate fund, the "Fokus Süddeutschland Fonds", to invest in southern Germany and hopes to raise €500m from institutional investors. KanAm said it had already bought an in asset Frankfurt am Main... more

Sep 13, 2017 10:00 AM Charles Kingston Investment

German lending market is a mixed bag in 1H

German real estate lending volumes were a mixed bag in the 1H of 2017, in a sign that the market is becoming increasingly difficult to call. more

Sep 12, 2017 10:00 AM Charles Kingston Markets

Yanis Varoufakis: a progressive Brexit transition can be built – on both sides of the Channel

Insurgencies often end up betraying the ideals that motivated them. Brexit seems no different. In no time, it has shed its intellectually most powerful motive: the full restoration of sovereignty to the House of Commons. more

Sep 11, 2017 2:00 PM Yanis Varoufakis Guest Columns

Dr. Reinhard Kutscher - Union Investment

Union Asset Management Holding AG

Union Investment raises €620m for Germany’s biggest-ever resi fund

Hamburg-based fund manager Union Investment has raised €620m in its first subscription phase for Germany’s biggest-ever open-ended real estate fund, suggesting that the fund is poised for further growth. more

Sep 11, 2017 10:00 AM Charles Kingston Companies

BFW

German residential building permits fall in IH 2017

Residential building permits issued in Germany fell by 7.3% in the first six months, in a sign that the construction sector is heading for a slowdown in the second half of 2017. more

Sep 8, 2017 10:00 AM Charles Kingston Markets

Michael Schneider - IntReal International Real Estate

IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH

German fund industry records record inflows

The German fund industry recorded net inflows of €79.1b in the first six months of 2017, marking the second highest result for a half-year ever recorded, according to the BVI. more

Sep 7, 2017 10:00 AM Sara Seddon Kilbinger Investment

Scope Ratings AG

Berlin seen as offering highest office rent rise potential in Europe

The highest increases in European office rents over the next five years can be expected in Berlin, according to research group Scope. The Berlin-based Scope is incorporating the research traditionally done in this area by Feri Euro Rating, which... more

Sep 6, 2017 10:00 AM Charles Kingston Markets