Companies
Companies
© DEMIRE
DEMIRE heading for sale by major shareholders Apollo and Wecken
Listed German commercial property investor DEMIRE looks like it's going to be the next listed company to be swallowed up by private equity, after the recent majority acquisition of Alstria Office REIT-AG by Brookfield Group. Read more
22 Nov 2021
Brookfield
Alstria supports Brookfield's €3.5bn offer to take company private
The rumours of an Alstria Office REIT-AG takeover, which we reported on in REFIRE back in August, have proved indeed to have substance to them, despite denials by Alstria of ongoing negotiations at the time. Read more
10 Nov 2021
CTP
CTP moves into German logistics market with €800m takeover of DIR
Amsterdam-listed pan-European logistics specialist CTP is making a move into the German logistics property market through an €800m takeover of Deutsche Industrie REIT (DIR). Read more
10 Nov 2021
© PR / Aareal Bank
Aareal Bank confirms takeover talks with private equity groups
The Wiesbaden-Aareal Bank confirmed rumours that it is in negotiation with a group of private equity investors for a sale of the bank. The bank's share price shot up by nearly 20% when it made an obligatory response as to whether it was talking... Read more
10 Oct 2021
© BaFin
Trouble ahead for Adler Group as it defends against fraud charges
There's real trouble brewing at German listed property company Adler Group after renowned UK short-seller Fraser Perring and his Viceroy Research group published a 60-page document accusing Adler of grossly manipulating its balance sheet... Read more
10 Oct 2021
Sirius Real Estate Limited
Sirius Real Estate sees rent roll jump 12% as stock hits new highs
Sirius Real Estate, the operator of branded German business parks, said in a trading update that its annualised rent roll in the six months to September 30th was €99.7 million, up 12% from €89.2 million in the same period last year and up 3.3% from € Read more
7 Oct 2021
© chuyu2014
Hypoport to launch new JV platform for commercial property loans
Listed fintech company Hypoport is joining the growing list of online platforms providing commercial property loans to investor. The company announced the 2022 launch of its platform Fundingport, a new joint venture with bank IKB, which will ... Read more
7 Oct 2021
© imago/Hoffmann
Deutsche Konsum REIT locks in profit as food retail continues to shine
Listed German REIT Deutsche Konsum REIT AG (DKR) made its first significant disposal of a partial grocery retail portfolio consisting of seven separate assets which it sold to a German institutional fund for €47.2m, or about 18 times annual rent. Read more
5 Oct 2021
Heimstaden Germany
Akelius abandons Germany, sells entire holdings to fellow-Swede Heimstaden
While a majority of Berliners were voting to resocialise up to 240,000 apartments in their city, about 14,000 privately-owned apartments were changing hands, from one Swedish landlord to another. Read more
5 Oct 2021
Envato Elements / Rawpixel
Carlyle teams up with Montano in new German urban logistics JV
Global investment firm Carlyle and Munich-based Montano Real Estate are teaming up in a joint partnership to invest in logistics properties, focused on distribution assets in prime German urban locations. Read more
4 Oct 2021
