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Charles Kingston

Funds of Funds - World Wide

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Non-listed real estate funds of funds doubled their share of total capital raised in 2017, as investors increasingly sought niche strategies and diversification, according to the ANREV / INREV Funds of Funds study released earlier this month. more

Companies

Zeil Frankfurt

Eskimo71

Property adviser JLL's annual survey of Germany's most frequented shopping streets has confirmed that Frankfurt's Zeil has defended its position as the liveliest shopping street in the country. In second and third place come Munich... more

Markets

Investment

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The Ärzteversorgung Westfalen-Lippe (ÄVWL), one of Germany's largest medical occupational pension funds, has partnered with US private investor Hines to buy the Hamburg site where Japanese optical technology manufacturer Olympus... more

Investment

Vienna

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Consultancy firm PwC Austria is teaming up with the Silverton Group and 720° Restructuring & Advisory to set up a long-term co-operative loan servicing platform enabling international investors and banks to outsource their non-performing loan... more

Companies

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Canada's Hudson's Bay Co. was reported this week to again be in discussions with Austrian property and retail group Signa Holding GmbH about a joint venture with its German retail group Kaufhof... more

Companies

Olivier Téran - Allianz Real Estate

Allianz Real Estate

Germany's Allianz Real Estate has teamed up with Greystar Real Estate Partners and Canada's Public Sector Pension Investment Board’s (PSP Investments) UK student housing partnership to develop the student accomodation platform Chapter. more

Investment

Development

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Belgian listed healthcare REIT Aedifica has significantly extended its co-operation with Germany's Specht-Gruppe, agreed upon last August, by committing to new construction of senior living accomodation on eight sites in Germany... more

Companies

Real Estate Digital

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Berlin-based proptech company Architrave has taken a major stride forward by signing up eight leading German commercial real estate and asset management companies to develop a common open digital strategy. more

Markets

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

After much to-ing and fro-ing, and several rebuffed attempts, US private equity investor Starwood finally succeeded in buying a big piece of listed Austrian property investor CA Immo, when fellow listed Austrian player Immofinanz agreed to sell... more

Investment

John Wilkinson - Greenman Investments

Greenman Investments

Irish real estate investment company Greenman Investments has bought a 32,200 sqm retail asset in Berlin from Cerberus for €79m. more

Companies

Construction site

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German listed housing company Industria Wohnen has acquired a German residential portfolio in a forward deal worth €106m from the Dutch Ten Brinke Group, with whom it has already done two further deals. more

Investment

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

Shareholders of listed real estate businesses CA Immo and Immofinanz have rejected approaches from Starwood Capital to take stakes in both companies, taking the view that a more lucrative deal will be available elsewhere. more

Companies

Rolf Buch - Vonovia

Vonovia SE

Shareholders representing more than 50% of voting rights including call options have accepted Vonovia’s $1.08 billion cash offer for Swedish counterpart Victoria Park, Germany largest real estate company said earlier this month. more

Investment

KGAL Gebäude

KGAL GmbH & Co. KG

UK local authority has become the first local government pension scheme (LGPS) to back Munich-based investment and asset manager KGAL’s fourth European renewable energy fund. more

Companies

Stuart Reid - Rockspring

Florian Glock - REFIRE

In a sizeable retail property deal, an open-ended fund of Rockspring Property Investment Managers sold a portfolio of five local German convenience centres to Hamburg-based investment manager Warburg-HIH Invest for more than €100m. more

Companies

Henri Vuong - INREV

INREV

INREV’s German Vehicles Annual Index 2018 recorded a ten-year high for non-listed real estate performance in Germany, with total returns of 4.29% over 2017, up from 2.68% the previous year. more

Markets

Curth-C. Flatow - FAP

Florian Glock - REFIRE Ltd.

Berlin-based independent investment manager FAP Invest last week formally launched its €250m mezzanine fund focused on real estate existing, refurbishment, and development projects in Germany, as well as selectively in the Netherlands and Austria. more

Companies

Tobias Kassner - BulwienGesa

BulwienGesa

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

Companies

Sirius Business Park Rostock

Sirius Real Estate

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

Companies

Commerzbank Zentrale

Commerzbank AG

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

Markets