Companies
Companies
© pda
pbb Deutsche Pfandbriefbank shrinks new lending
Munich-based lender pbb Deutsche Pfandbriefbank posted its first-half figures last week, and said it was raising its risk provisions by €36m to €70m based on weaker macroeconomic conditions. The bank had already withdrawn its full-year... Read more
19 Aug 2020
© Bergson Real Estate Capital
Serial-modular developer Semodu clinches financing deal with Bergson
Bergson Real Estate Capital, a German opportunistic real estate private equity investor and asset manager, has provided a bridge loan to Semodu AG, a specialist serial-modular residential development firm. Read more
17 Aug 2020
© PR / Aareal Bank
Aareal surprises to the upside with lucrative sale of Aareon stake
Wiesbaden-based real estate financier Aareal Bank has sold a 30% stake in its IT subsidiary Aareon for about €260m to financial investor Advent, after a lengthy process to develop a strategy for the subsidiary and talk with several potential suitors. Read more
17 Aug 2020
© www.onepark.fr
Dutch lifestyle hotel group to expand into Germany’s Big 4 cities
Despite the gloom in the hotel sector as a result of corona-driven curtailments on travel and larger business gatherings, the Dutch hotel and lifestyle brand group CitizenM recently boldly announced its collaboration with Germany... Read more
17 Aug 2020
© monkeybusiness
New health care fund launched by Swiss Life targeting €1bn
Swiss Life Asset Managers has launched a new healthcare fund as it deepens its commitment to the managed care and senior housing sector, with its initial focus on the French and German markets. Read more
17 Aug 2020
© DZ Bank
Berlin Hyp’s €500m Green Bond heralds return of Pfandbrief market
German property lender Berlin Hyp placed its first green Pfandbrief bond of the year, and marks the third issue of a mortgage Pfandbrief in the last few weeks, in a strong sign that the Pfandbrief market is springing back to life. Read more
15 Jul 2020
Gajus-Images
Belgium’s Montea teams up with IMPEC to enter German logistics market
Belgian logistics specialist Montea is expanding its activities to Germany for the first time as part of its international expansion strategy. The company cited the strong growth of the logistics market in Europe and the leading role of the German... Read more
13 Jul 2020
© x-bricks
x+bricks invests €500m in grocery-anchored TLG portfolio
The Luxembourg-headquartered x+bricks made further waves in June with its more than €500m acquisition of 120 grocery-anchored properties from TLG Immobilien and its subsidiaries, in one of the largest-ever grocery-anchored property transactions... Read more
13 Jul 2020
vadymvdrobot
Premier Inn in the starting blocks for expansion, new opportunities
UK hospitality firm Whitbread has now re-opened its current 19 Premier Inn-branded hotels in Germany after the coronavirus shutdown and is already exuding positive vibes about its future expansion plans for both Germany and the UK. Read more
13 Jul 2020
© Meyer Bergman
Meyer Bergman extends ‘urban space’ idea to include German residential
Meyer Bergman, the London-based private equity real estate investment manager, has bought a majority interest in a large residential portfolio with assets in the Frankfurt am Main and Rhine-Main area. It marks the group’s first foray... Read more
9 Jul 2020
