Investment
Investment
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Velero and KKR refinance German resi portfolio with €377m SocGen loan
Berlin-based residential property investor Velero Immobilien GmbH, in which private equity group KKR holds a majority stake, has refinanced its entire German residential portfolio. Read more
7 Oct 2021
Galeria Karstadt Kaufhof / www.finance-magazin.de
Ten more Kaufhof stores for sale, in advance of new Galeria relaunch
Austria's Signa Group, which owns German department store chain Galeria Karstadt Kaufhof (GKK), seems to be teeing up ten of its stores for a fairly imminent sale, according to various reports. Read more
5 Oct 2021
Envato Elements / ijeab
Catella relaunches resi fund based on implementing ‘Black Swan’ concepts
Catella’s European Residential III Fund (CER III), relaunched as the first ‘dark green’ pan-European residential ESG impact fund, has attracted a total of over €270 million in mandate commitments from Norway’s largest pension company KLP and a... Read more
5 Oct 2021
Domicil Real Estate
Domicil buys 2,535-unit German portfolio from Swiss Life
In a significant German residential housing deal, Munich-based investment and asset manager Domicil Real Estate Group has bought a portfolio of 86 residential properties in Germany from a fund of Swiss Life Asset Management as part of an asset deal. Read more
4 Oct 2021
Tishman Speyer
Tishman Speyer launches new German resi fund with ex-Corestate team
Developer and investor Tishman Speyer is launching a new residential fund for German institutional investors. It is targeting a volume of €500m and distributing a yield a yield of 3.5 to 3.75% per year. Read more
28 Sep 2021
Capital Bay
GII, Capital Bay launch senior living JV, following debt fund
The UAE-based, shariah-compliant financial management firm, is teaming up with Germany's Capital Bay Group to invest in European senior living real estate. Read more
20 Sep 2021
© chuyu2014
Europa Capital sets up €150m German logistics JV with Cromwell
Pan-European real estate investment manager Europa Capital has teamed up in a new joint venture with Australian logistics group Cromwell Property Group to launch a German logistics operation, targeting a gross asset value of €150m. Read more
30 Aug 2021
© PalmiraCapitalPartners
Palmira Capital beefs up management for further logistics expansion
Leading logistics asset manager Palmira Capital Partners has been busy buying several new assets and beefing up its management team by adding new hires over the past couple of months Read more
19 Aug 2021
© Engel&Völkers
Permira buys majority stake in up-market broker Engel & Völkers
London-based private equity firm Permira is buying a majority stake in the Hamburg-headquartered international property brokerage platform Engel & Völkers. Read more
11 Aug 2021
CC-BY-SA-3.0 - Körber Lgh
Defrauded GPG investors worldwide in limbo as insolvency sell-off begins
We've reported in these pages before about the shocking scandal in Germany whereby thousands of foreign investors have been ripped off of more than €1bn by Hanover-based German Property Group (GPG), led by Charles Smethurst. The company is... Read more
13 Jul 2021
