REFIRE — German Real Estate Finance

Summit Germany, Gateway pave the way for re-IPOs to tap fresh capital

The AIM-listed commercial property group Summit Germany Ltd. is exploring a 2019 share sale to raise money for new investments and make it easier to trade its stock, according to a recent Reuters report. Read more

New retail investment start-up x+bricks approaches €300m in deals

Private German retail investment house x+Bricks has already added to its ambitious acquisition programme by buying a portfolio of 13 retail properties from an institutional investor, for a price of €80m. Read more

Deutsche Konsum balance sheet approaches €500m on focused retail

Deutsche Konsum REIT AG, the small listed specialist focused on Fachmarktzentren or retail parks, has just invested €29m in buying five separate properties, on top of a recent investment spree that has seen its real estate portfolio... Read more

Europe primary focus for €200bn of healthcare infrastructure investment

Global institutional investors are forecast to increase their investment in healthcare infrastructure by $200 billion (€175bn) over the next five years, according to a new report by healthcare fund investor Octopus Healthcare. Read more

Thomas Landschreiber - Corestate Capital

Major JV move into co-living sector by Corestate, Medici

Frankfurt-listed Corestate Capital Holding and Berlin-based co-living service provider Medici Living have agreed to invest €1bn of equity and debt in the fast-growing European co-living sector over the next three to five years. Read more

Here's how profitable the Trianon sale in Frankfurt was to NorthStar

We reported in last month’s REFIRE about the well-publicised sale of the Trianon skyscraper in downtown Frankfurt by NorthStar Realty Europe Corp. to the South Korean consortium made up of IGIS Asset Management and Hana Financial Investment. Read more

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As DIC Asset exits TLG, is Ouram preparing takeover bid?

In a transaction worth €376m, Frankfurt-based DIC Asset has signed a sales agreement to sell its entire 14% stake in Berlin listed peer TLG Immobilien to Ouram Holding and wealth manager Bedrock Group. Read more

10 Jan 2019 10:00 Charles Kingston Companies

France’s Ardian adds Berlin office asset to German portfolio

French private equity group Ardian has bought an office in the centre of Berlin for its Real Estate Europe Fund from a fund managed by JP Morgan Asset Management. Read more

9 Jan 2019 10:00 Charles Kingston Investment

GALERIA Kaufhof GmbH

Arminius buys retailer Metro AG headquarters in Düsseldorf

The Frankfurt-based private equity group Arminius has bought retail group Metro AG’s headquarters just east of Düsseldorf for German institutional investors. The seller of the campus property, which is situated in the urban district of... Read more

8 Jan 2019 10:00 Charles Kingston Companies

Berlin Hyp Trendbarometer: Germany in the grips of a bubble

Germany is already in the grips of a real estate bubble, according to more than half of the 320 real estate experts surveyed for Berlin Hyp’s Trendbarometer this month. Read more

7 Jan 2019 10:00 Sara Seddon Kilbinger Markets

Pessimism grows among German lenders

German lenders are becoming increasingly pessimistic about the German market, as the German Real Estate Finance Index (DIFI), compiled by JLL and the Centre for European Economic Research (ZEW), falls to its lowest level in two years. Read more

4 Jan 2019 10:00 Charles Kingston Markets

CapitaLand International targets German gateway cities

Singapore-based CapitaLand International - the wholly-owned international business unit of one of Asia’s largest real estate firms, CapitaLand Group – is on a drive to boost its exposure to German gateway cities next year... Read more

3 Jan 2019 10:00 Charles Kingston Companies

Top Picks: Where is capital headed in 2019?

Demand for real estate in Germany is expected to be buoyant next year, despite a sharp uptick in prices. As the investment landscape continues to shift, some of Europe’s biggest players tell REFIRE what they are betting on in Germany next year – and Read more

2 Jan 2019 10:00 Charles Kingston Markets

Office rents on outskirts of Berlin to soar by ‘significantly more than 50% in next 5 years’

Office rents on the outskirts of Berlin will soar by ‘significantly more than 50% in the next five years’ as rapidly rising rents and lack of availability in the city centre force firms to move further out, Rainer Schorr... Read more

31 Dec 2018 10:00 Charles Kingston Markets