Investment
Investment
FCR Immobilien AG
FCR Immobilien issues €30m bond for further grocery-led expansion
Yet another specialist for food-anchored retail real estate has actively shopping for assets, and that company is the listed, Munich-based FCR Immobilien AG. (We feature recent deals from competitors Greenman and x+bricks in this issue, and other... Read more
13 Jul 2020
Bodo Hollung
LIP Invest launches third logistics fund, closes on €100m centre
Munich-based logistic investor LIP Invest is launching its third logistics real estate fund. Like its predecessors, the open-ended real estate special AIF "LIP Real Estate Investment Fund - Logistics Germany III" (LIP Logistik III) will invest... Read more
13 Jul 2020
© Vonovia SE
Vonovia moves into Dutch housing market, issues €1.2bn bonds
Germany’s largest housing company Vonovia SE has bought a a 2.6% stake in Dutch residential investor Vesteda Residential Fund, in its first step into the Dutch residential property market. Read more
13 Jul 2020
© Kanam Grund Group
Saudi group SEDCO exits ABC West in Frankfurt for 30% IRR
Global Shariah-compliant asset manager SEDCO Capital turned a decent profit when exiting its investment in ABC West, a multi-let office property in Frankfurt am Main recently. Read more
13 Jul 2020
© twenty20photos
Greenman’s €95m deal with Schoofs includes residential element
In an innovative new form of deal, German food-retail real estate fund manager Greenman Investments has entered into a €95.5m framework agreement with developer Schoofs Immobilien. Among the terms of the deal, the agreement will allow... Read more
10 Jul 2020
© stokkete
Sustainability – lip service, or genuine commitment?
It will surely come as no surprise that sustainability is a big issue for German asset managers – it has been the word on everybody’s lips for several years now. A recent survey by consultants EY attempts to quantify just HOW important it really... Read more
7 Jul 2020
© dayandlight.de
Deutsche Euroshop struggles under outstanding tenant rent payments
There will be close attention paid this week when listed Deutsche Euroshop (DES) presents its full-year figures on 16thJune. Read more
23 Jun 2020
© SwissLife
Swiss Life in €1bn boost to logistics and industrial real estate
Giant asset management group Swiss Life Asset Managers plans a major new commitment of up to €1bn into logistics and industrial real estate from this autumn, with the establishment of a new investment foundation for Swiss pension funds and a... Read more
18 Jun 2020
© Allianz
German pension fund BVK first third party investor in Allianz debt fund
Germany's largest public utility group Bayerische Versorgungskammer (BVK) is joining Allianz Real Estate’s €3bn Luxembourg-based European debt platform, investing €300 million euros for a 25% stake in a sub-fund with a total value of €1.2 billion... Read more
29 May 2020
© Slate
Slate targeting German retail for third supermarket fund
Slate Asset Management, the Toronto- and London based property investor, is targeting German retail for its third supermarket- but first Europe-only, real estate fund. Read more
11 May 2020
