Companies
Companies
kenishirotie
Covivio buys for €130m in HPBA-brokered off-market deal
In a significant Berlin residential deal, Covivio paid €130m for a portfolio containing 490 residential and 62 commercial units. The seller was Luxembourg investment manager Threestones Capital, and both sides were advised by specialist... Read more
28 Jul 2021
Commodus
COROS emerges from Commodus with fresh ambitions for urban development
REFIRE met recently (online) with the top management of COROS, previously known as Commodus, for a catch-up after our last meeting a couple of years back. The company has recently re-branded itself and it was time to find out what has changed... Read more
19 Jul 2021
© intelligent-investors.de
GPP says mid-year market activity “highly differentiated” across Big 7
Nationwide consultancy network German Property Partners (GPP) released its latest commercial real estate investment market report for Germany’s Top 7 cities for the second quarter of 2021. Read more
6 Jul 2021
Deutsche EuroShop AG
COVID-encumbered Deutsche Euroshop re-finances €154m of loans
Embattled shopping centre investor Deutsche Euroshop (DES) managed to put in place three new credit agreements in June for three loans maturing this year. The refinancing for the loans totalling €154 million has interest rates of between 1.18%... Read more
5 Jul 2021
© Reuters
Austria's Immofinanz abandons bid for fellow-listed S Immo
All bets are now off in the ongoing saga of listed Austrian Immofinanz AG's takeover bid for fellow Vienna-listed S Immo. Read more
30 Jun 2021
Sirius Real Estate Limited
Sirius Real Estate €350m bond issue snapped up following strong results
Sirius Real Estate, the operator of branded German business parks, got a vote of confidence this week when it placed its inaugural corporate bonds, raising €350m. The bond issue came shortly after the company delivered good figures for its full-year. Read more
19 Jun 2021
© Thomas Stibenz
TRION opening finally completes the octagon on Berlin's Leipziger Platz
Berlin's famous Leipziger Platz is about to be one brand new office building the richer with the opening of the TRION building this summer. The building, at the north-western end of the 'octagon', marks the completion of the famous... Read more
7 Jun 2021
© frischanswerk
Peach Property buys 4,300 new apartments, resumes dividend
Zürich-based residential property investor Peach Property has boosted its German residential holdings with the acquisition of a 4,300-apartment portfolio. The deal marks Peach Property's first this year, and brings its holdings up to 27,500 units... Read more
5 Jun 2021
© Getty Images
Material shortages and price rises threaten construction as slowdown looms
Germany's construction industry has had a glorious decade, but there is mounting evidence that the next couple of years will see a major slowdown in the sector. Although building never stopped as a result of COVID, in contrast to many neighbouring co Read more
3 Jun 2021
© Sebastian Gollnow
Ampega restructuring sees fresh focus on residential, Fachmarktzentren
The Cologne-based Ampega, the fund management and real estate subsidiary of Germany's third-largest insurance group Talanx , is clearly on a major expansion drive across a number of growth real estate sectors. Read more
30 May 2021
