REFIRE — German Real Estate Finance

Germany overtakes US to become a Mecca for open-ended funds

Germany has overtaken the US to become a Mecca for open-ended retail real estate funds, accounting for €2.3b, or 25%, of investment last year, according to research published this month by Berlin-based consultancy, Scope Analysis. more

Swiss Life snaps up BEOS as focus on industrial remains undimmed

Insurance group Swiss Life has swooped to buy BEOS AG, Germany's leading investor in mixed-use industrial real estate, for an undisclosed price. The move is designed to support Swiss Life Asset Managers' third party business... more

Primonial acquires German clinics for €800m in biggest deal of the year

French portfolio management company Primonial REIM has acquired €800m of German healthcare assets, it announced this month, marking the biggest healthcare deal of the year. more

Sirius posts strong figures, bullish on upside rental potential

Sirius Real Estate, which operates branded business parks and flexible workspaces throughout Germany, said it is planning on investment of a further €100m in acquisitions for its new business year... more

Top scores for Germany's open-ended funds in annual review

Germany's open-ended real estate funds have been riding a wave of liquidity to clean up and diversify their holdings, largely to very good effect, according to the latest annual ratings issued by Berlin-based rating agency Scope. more

Organizations crack down on money laundering in real estate

Money laundering is an age-old crime but governments and other organizations are starting to crank up the heat, in a move to crack down on ill-gotten gains funnelled into commercial real estate. more

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Swedish group Balder enters German hotel market

Stockholm-listed real estate company Fastighets AB Balder has made its first foray into the German market by acquiring a portfolio of hotels for €58m. more

6 Jul 2018 10:00 Charles Kingston Investment

German finance ministers crack down on share deals

Germany’s finance ministers have called for more stringent regulation regarding real estate share deals, as pressure builds from politicians to close a controversial tax loophole. more

5 Jul 2018 10:00 Sara Seddon Kilbinger Markets

TLG IMMOBILIEN AG

How would German companies react to a possible rate rise?

German real estate investors are unlikely to be fazed by a moderate rise in interest rates imposed by the European Central Bank, and would not radically alter their medium-term strategies, according to a recent study by Catella Research. more

4 Jul 2018 10:00 Charles Kingston Markets

Berlin Hyp AG

Gateway buys Värde commercial portfolio, revalues holdings

The listed, Frankfurt-based Gateway Real Estate inked a deal earlier this month to buy a portfolio of 21 commercial properties with about 100,000 sqm of lettable space from US alternative investment firm Värde Partners. The deal ... more

3 Jul 2018 10:00 Charles Kingston Investment

Evonik Industries AG

German state reduces PBB holding, RAG Foundation invests

Germany has sold most of its remaining stake in pbb Deutsche Pfandbriefbank, 10 years after bailing out the property lender’s former parent Hypo Real Estate (HRE). Among those taking up part of the placement of the state's stake in the lender is Germ more

2 Jul 2018 10:00 Charles Kingston Companies