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
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
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
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
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
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
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
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
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