REFIRE — German Real Estate Finance

Pbb: profit could fall by up to 25% in 2018

Pbb Deutsche Pfandbriefbank has readjusted its profit forecasts for 2018 by up to 25%, citing increased competition in the German marketplace. more

MIPIM wrap-up: Mood of optimism prevails, tinged with caution

This year's MIPIM saw Germany again confirming its position as Europe's most attractive investment market, across most asset categories and geographically, across it’s A-, B-, and even smaller urban and regional markets. Prices have risen since... more

KGAL tops €1.5bn in European deals, with record new leases

The Munich-based investment and asset manager KGAL Group said it had achieved a record year in real estate investment in 2017, carrying out €1.5bn of European real estate transactions and closing almost 107,000 sqm of new leases last year. more

Growth in tourism boosts Europe’s hotel sector

Tourism in Europe is expected to grow by 3.5% to 4.5 % this year, in a move that will add zing to European hotel markets, according to Matthias Hautli, manager at Engel & Völkers Hotel Consulting.‘Growth is mainly based on the global and European... more

Allianz AUM hits €56bn, target €75b in three years

Allianz’s global real estate portfolio hit a new record high of €56b of AUM last year, putting it firmly on track to reach its target of €75b by the end of 2020, Annette Kröger, CEO of Allianz Real Estate North and Central Europe, told REFIRE... more

German logistics deals soar by 80%, new record high

Logistics transactions soared by 80% in Germany last year, setting a new record high, Karsten Jungk, head of Wüest Partner in Germany, told REFIRE this month. more

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Velero Partners and Forte Group close 4,500 NRW resi portfolio

German residential group Velero Partners and Forte Group have finalized their acquisition of a portfolio of 4,500 apartments in North Rhein-Westphalia from US investment management Angelo, Gordon & Co. for an undisclosed sum... more

12 Apr 2018 10:00 Sara Seddon Kilbinger Investment

Mayr Melnhof - Karton AG

Starwood Capital eyes stake in Austria’s CA Immo and Immofinanz

An affiliate of US private equity firm Starwood Capital Group has made a bid to acquire up to 26% of Austrian property company CA Immobilien as well as a smaller stake in its rival Immofinanz, it announced on 22 March... more

11 Apr 2018 10:00 Sara Seddon Kilbinger Investment

DIFI Index falls back into negative territory

Germany’s property finance index (DIFI), as compiled by JLL and ZEW, fell back into negative territory in the first quarter of 2018, thereby pulling away from the slight gains made in the fourth quarter last year, according to... more

10 Apr 2018 10:00 Sara Seddon Kilbinger Markets

DEUTSCHE WOHNEN

German house prices climb 5.5% on average in 2017 - bigger gains in ‘Big 7’

German house prices are on the up again, rising by 5.5% on average last year, according to Postbank’s Housing Atlas 2018, published this month. more

9 Apr 2018 10:00 Sara Seddon Kilbinger Markets

REFIRE

That certain whiff of sulphur surrounding Germany’s state-owned banks

The taxpayers of Hamburg have been a much put-upon group over the last ten years, having stumped up for a variety of city projects that have, to one degree or another, exacted their toll on the city. So much so that, in a moment of lucid... more

6 Apr 2018 10:00 Charles Kingston Opinion

UBS Asset Management launches second infrastructure debt fund

UBS Asset Management's Real Estate & Private Markets arm has launched its second infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II), with seed commitments from initial investors of more than €448.4m. more

5 Apr 2018 10:00 Sara Seddon Kilbinger Investment

France's Yxime teams up with Omega for renewed German push

Property management group Yxime, which is part of the French family-owned Duval Group, is setting up a joint venture with Cologne-based Omega Immobilien to provide clients access to the German property market. more

4 Apr 2018 10:00 Charles Kingston Companies

PAMERA Asset Management GmbH

Surge in Barings investment as it expands European platform

Barings Real Estate has continued into this year the spending and investment spree that saw it transact more than €1bn in German real estate deals in 2017, in the process more than doubling its volume of 2016... more

3 Apr 2018 10:00 Charles Kingston Companies