Companies
Companies
Greenman Investments
Greenman’s food-anchored assets performing well through coronavirus
It’s nearly ‘business as usual’ for Irish food-retail investment specialist Greenman Open which recently arranged financing of €49.5m for a portfolio of Kaufland-anchored real estate assets from German banks Mittelbrandenburgische Sparkasse (MBS)... Read more
11 May 2020
© Wolfram Kastl/DPA
Hard-pressed retailers pushing to cut rent to landlords by 50%
Germany’s Retail Trade Association - Handelsverband Deutschland (HDE) - is digging in its heels on the sensitive issue of rents, arguing that stores that were forced to close during the Corona crisis should only pay 50% of their... Read more
11 May 2020
© www.immonet.de
Calls to introduce digitally notarised contracts getting ever louder
The corona pandemic may have put transactions on hold for thousands of pending property deals, but the laws on opening still do permit the visit to the notary for the compulsory official closing and certification, which has traditionally... Read more
11 May 2020
© Anja Müller
Left party attacks federal property agency for slowness of land sales
One organisation taking increasing flak is the Bundesanstalt für Immobilienaufgaben (BIMA), or Federal Real Estate Agency, which finds itself caught up in the battle for affordable accomodation, as pressure remains high to utilise state resources... Read more
11 May 2020
© linkedin
Retail specialist Prelios under new management as Italians sell out
It’s the end of an era for Italian fund and asset management group Prelios, which has sold its German asset management arm, Prelios Immobilien Management, to London-based Girlan. Read more
8 May 2020
© formatoriginal
Sirius Real Estate sees some rent deferrals, strong storage demand
Sirius Real Estate, owner and manager of branded business parks throughout Germany, issued a recent trading statement to end of March to update investors as to how it was faring with COVID-19. The company, listed in both London and Johannesburg... Read more
8 May 2020
© CBRE
Will the healthcare sector prove to be a safe haven for investors?
While it’s too early to say how the German healthcare property investment market will fare in the second and subsequent quarters of this year, we do now have figures for the first quarter. According to property advisors CBRE, a total of €399m was... Read more
6 May 2020
© Vonovia SE
Vonovia says new takeover of Deutsche Wohnen would be fruitless
Germany’s largest housing company Vonovia SE saw fit to issue a statement on March 24th to counteract rumours that it was planning a renewed takeover attempt of largest rival Deutsche Wohnen AG. Read more
27 Apr 2020
© Getty Images
Leading retailers waste little time in stopping rental payments
Listed sporting goods manufacturer Adidas incurred the wrath of Germany’s business establishment last week when it announced it would cease paying rents on its retail outlets as long as the coronavirus pandemic was preventing it opening its stores. Read more
15 Apr 2020
©AFP
Rebranding of €10.4bn Edmond de Rothschild real estate platform
Swiss-headquartered, family-owned investment group Edmond de Rothschild has rebranded its three active real estate subsidiaries into one new group known as Edmond de Rothschild Investment Management. Read more
8 Apr 2020
