Babcock & Brown

Berlin at night

© Bruder Jakob -

In what could be a first for a major German fund manager, giant Union Investment is getting close to concluding a deal to buy about 16,000 German apartments for a sum of up to €2bn from the Chinese sovereign fund CIC. Read more


EPRA 2015 - Berlin

Joke Emmerechts/EPRA

It's now more than ten years since the German real estate industry was in a collective tizzy about the new forthcoming REITS legislation. Read more


Rod McGeoch - BGP Holdings


The long saga of the German residential portfolio most recently held by BGP Holding entered a historic new phase last week when giant Chinese sovereign fund China Investment Corporation (CIC) as the beneficial owner beat off lively German... Read more



© James Thew -

Barely three months after fending off a takeover offer for itself, Austrian listed property company conwert Immobilien Invest is in exclusive talks to buy the €1.1bn residential property asset portfolio of BGP, the company spun off by the... Read more


Residential assets in Berlin

© ArTo -

The Australian group BGP is planning to list its German residential holdings on the stock market in an IPO planned for later this year, a recent Reuters report said, citing two people familiar with the deal. The group could sell shares worth up to... Read more


Australia harbour bridge

© nzgmw -

Prior to the financial crisis Australian funds were a common sight in Europe – particularly Germany – as they roved around looking for suitable investments to meet their long-term pension return needs, with their own domestic market essentially... Read more


LEG Düsseldorf


Düsseldorf-based LEG Immobilien, which was floated earlier this year on the stock exchange by previous owner Goldman Sachs, is wasting little time in implementing its new stated growth strategy, which should see it adding at least 10,000 further... Read more