Companies
Companies
Gottfried Stoppel
Instone signs new forward project deal with R+V, completes refinancing
German residential developer Instone Real Estate signed a sizeable forward deal just before Christmas with Wiesbaden-based insurer R+V Versicherung for a major yet-to-be-built residential development in Schorndorf, near Stuttgart. At the same time... Read more
15 Jan 2020
© Sellwerk GmbH & Co. KG
Kintyre growth continues with two key acquisitions, new hires
Kintyre, the Frankfurt-based investor and real estate manager, along with joint venture partner Angelo Gordon, is buying the landmark Ring Center 1 shopping centre on the Frankfurter Allee thoroughfare in Berlin’s Friedrichshain district. Read more
13 Jan 2020
www.hamburg-fotos-bilder.de
Stenprop exits German market to concentrate on UK multi-let industrial
UK REIT Stenprop has agreed to sell the Bleichenhof mixed-use property in the centre of Hamburg to Projekt Palais Verwaltungs GmbH, a vehicle beneficially owned by three German medical occupational pension funds. The price was €160m. Read more
9 Jan 2020
pawopa3336
German fund RVK awards €150m core investment mandate to AEW
Global investment manager AEW has been awarded a new €150m separate account mandate from German public pension fund Rheinische Versorgungskassen Köln (RVK) to undertake a core investment strategy focused on French office and retail assets. Read more
7 Jan 2020
halfpoint
Signature and PGIM team up again for €300m Berlin property deal
PGIM Real Estate has partnered with Irish group Signature Capital to buy a portfolio of four office properties in Berlin's central Mitte and Kreuzberg districts, which includes redevelopment permission. Read more
2 Jan 2020
NomadSoul1
Patrizia, Swiss Life, launch new European Living funds
November saw the launch of two big pan-European open-ended residential funds – the first from Patrizia, and the second from Swiss Life, who is leveraging the power of the Deka distribution network to sell its fund via the German savings bank network. Read more
19 Dec 2019
maxxyustas
End of the road for Austrian mooted merger of Immofinanz and S Immo
After years of flirting with each other and mooting a merger, two of Austria’s three listed real estate companies have called off their merger plans as neither side can agree on what would constitute a fair exchange of each other’s shares. Read more
17 Dec 2019
elxeneize
Ado, Adler and Consus to merge to create €15.4bn listed resi group
A three-way merger is on the horizon for Germany’s residential sector following Ado Properties’ announcement that it intends to merge with its major shareholder, Adler Real Estate, and then also incorporate project developer, Consus Real Estate. Read more
16 Dec 2019
erika8213
Sirius Real Estate increases dividend on strong interims
Sirius Real Estate, the German operator of branded business parks, continued to please shareholders with its interim income statement, which showed income and assets rising, even as it said the business was facing fresh challenges relating... Read more
11 Dec 2019
grafvision
Bauwens Group bets big on tokenized real estate investment
Investors are embracing new ways to diversify as cryptocurrencies become more mainstream. Read more
25 Nov 2019
