Companies
Companies
SEMODU AG
Modular developer SEMODU to launch funds for own residential projects
Modular developer SEMODU announced plans to set up residential real estate funds targeted at semi-professional and institutional invest under a new division, SEMODU Institutional. The company, listed since August last year on the Munich stock exchang Read more
2 Mar 2023
deutsche-teilkauf.de
Deutsche Teilkauf targeting €1bn of assets over next 12 months
German equity release start-up Deutsche Teilkauf (DTK) only launched two years ago but plans to double its investment in Germany’s home equity release market this year, according to the company’s CEO Sabine Nass. ‘In two years, we’ve acquired 1,000 h Read more
2 Mar 2023
CR Investment Management GmbH
CR Investment tees up fresh assets from GPG ‘pyramid scheme’ insolvency
The big sell-off of assets belonging to the insolvent German Property Group (GPG), formerly known as Dolphin Trust, is now entering its second phase, with nominated asset manager and liquidator CR Investment Management kicking off the structured sale Read more
2 Mar 2023
Greenman Investments
Greenman expands operations, geographically and vertically
Greenman Group has been plowing ahead with a number of innovative moves over the past few months, particularly in its drive to be the at the forefront of sustainable investing in the grocery-anchored retail sector. As part of the European fund group' Read more
1 Mar 2023
pgim.com
PGIM boosts lending capacity, launches core-plus direct fund
PGIM Real Estate has raised over $400m (€372m) for its newly launched European core-plus strategy. The company said the strategy's capital was raised in less than six months after the launch of the open-ended fund, "European Core Plus". According to Read more
1 Mar 2023
Dr. Henryk Seeger/ LinkedIn
GNIW pivots to address German Single Family Rental (SFR) market
We've written in REFIRE before about GNIW, or the Gesellschaft für Nachhaltige Immobilienwirtschaft, one of the leading players in the so-called equity release segment of the market. Checking in recently with the company about a year later, to see Read more
1 Mar 2023
Keller Williams
US giant Keller Williams next big entrant to German broker market
Scarcely had we finished reporting on the arrival of Swiss hybrid broker Neho onto the German market (see REFIRE 219), but news arrives of the market entry into Germany of an even bigger player, Keller Williams (KW) from the USA, the world's largest Read more
27 Feb 2023
curata.de
As Curata and Convivo file for partial bankruptcy, has healthcare lost its shine?
Last month, Bremen-based residential and nursing home operator Convivo filed for partial insolvency for key companies in the group. Convivo operates in several federal states across more than 100 care facilities, most of which are located in north-we Read more
16 Feb 2023
realestate.union-investment.com
Union Investment broadens investor base among European institutionals
Union Investment, the giant fund manager that operates as the investment arm of the co-operative DZ Bank, has released figures for its buying and selling activity throughout 2022. It's clear the group has been holding back on acquisitions and its usu Read more
4 Feb 2023
Cushman & Wakefield
Deal volume in 4Q plummets to lowest level in 10 years
The deal volume in Germany in the fourth quarter of 2022 plummeted by 41% to the lowest level in 10 years, as investors tightened their purse strings and decided to wait out the economic storm. Read more
1 Feb 2023
