Charles Kingston
Eskimo71
Student rent prices in Germany surge as foreign student numbers soar
A recent report by the Germany’s Economic Institute (IW) in Cologne, which tracks the residential sector very closely, demonstrates how rental price for apartments in university cities across Germany have increased by up to 67.3% since 2010. more
© styleuneed - Fotolia.com
AEW boosts German platform with takeover of Hypoport Invest
Global real estate asset manager AEW has further expanded its German investment management platform with the acquisition of Hypoport Invest from its listed owner, the Berlin-based Hypoport, for an undisclosed sum. more
Corpus Sireo
Lebanese SFO Group joins with Swiss Life in Artemis JV
Swiss Life Asset Managers has sold a majority ownership in the German office portfolio “Artemis” to Saradar Family Office Group (SFO), a Lebanese multi-family office and real estate investor, marking its entry into European property. more
Verband deutscher Pfandbriefbanken (vdp) e. V.
Slowdown in rate of German property price rises - VdP
German property price increases slowed in third quarter to 7.3% as against the same period a year ago, decelerating from 8.3% year on year in 2Q18 and 8.8% in 1Q18. However... more
IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH
Boom in light industrial sees Helaba Invest snap up BEOS fund
Frankfurt-based investment firm Helaba Invest has bought the open-ended real estate special fund, AIF BEOS Corporate Real Estate Fund Germany I (CREFG I). more
Sirius Real Estate plc
Sirius Real Estate tops €1bn in assets, boosts profit by 43%
Sirius Real Estate, which operates branded business parks and flexible workspaces throughout Germany, posted a solid 43% rise in first-half profit after boosting rental income and booking revaluations on its assets. The company broke... more
© estherpoon - Fotolia.com
Redos Group buys Olymp retail park portfolio with Union Investment
The Hamburg-based Redos Group’s second institutional fund, which targets German retail assets, has bought the Olymp portfolio with eleven retail parks and hybrid centres from TH Real Estate for a Spezialfonds which it set up with fund manager... more
© science photo - Fotolia.com
Korean consortium buys Frankfurt skyscraper in year’s biggest deal
A South Korean consortium made up of IGIS Asset Management and Hana Financial Investment has bought the Trianon skyscraper in Germany for €670m from NorthStar Realty Europe Corp. It is the biggest deal in Germany this year. more
Domicil Real Estate GmbH
Domicil builds on mandates to plan own housing investment
The Munich-based Domicil Real Estate Group remains very positive about German residential housing, and is gearing itself up to take on further mandates, after jumping up a couple of divisions with some sizeable deals earlier on this year. more
REFIRE
Know when to hold ‘em, know when to fold ‘em
Last weekend’s elections in the state of Hesse brought the result that most people expected, and with it a further nail in the coffin of the remarkable career of Angela Merkel. more
TAG Immobilien AG
Go to the eastern German states for attractive residential yields
A new study focusing on yields in Eastern German mid-sized cities analyses risk/reward profiles in the region and finds they compare very favourably with comparable risk profiles in the western part of the country. Yields of 4% to 12% are readily... more
© flyinger - Fotolia.com
High demand and rising costs keep pushing up Berlin residential prices
As with its office market (see article elsewhere in this issue – “Berlin office market outperforms its German counterparts”),Berlin continues to be the pacemaker for investors in Germany’s residential housing market, with transaction volumes doubling more
© Marco2811 - Fotolia.com
New study with focus on construction gap in Germany’s larger cities
A new study by the Switzerland-based Empira Group finds no conclusive evidence of a general undersupply of housing in Germany, although it does confirm an increasing housing shortage in the country’s Top 7 markets. more
Motel One GmbH
Cooling in German hotel market – but individual deals still strong
After several boom years on the German hotel market, things are cooling down, particularly in respect of larger portfolio deals, although figures in from Q3 suggest that interest in individual hotel properties remains buoyant. more
© Vlada Z - Fotolia.com
German residential prices still rising, demand gap slowly narrowing
REFIRE bumped into Scope Analysis’s Sonja Knorr at the recent EXPO REAL in Munich, coincidentally just as the Berlin-based ratings and analyst company Scope released its own study of the housing markets in Germany’s biggest 10 cities. more
ESTAVIS AG
Accentro, DEMIRE tapping markets for fresh capital for acquisitions
Among German listed companies raising further capital this month were Berlin residential specialist Accentro, and commercial real estate investor DEMIRE Deutsche Mittelstand Real Estate. more
Revitalisation new driver in shopping centre segment
If investment in German shopping centres isn’t the highest priority for domestic or international investors right now, with many steering deliberately well clear of the sector, it’s certainly a boom period for those whose job is the revitalization... more
© elxeneize - Fotolia.com
LBBW kicks off new fund management business with €90m Sidon portfolio
The Stuttgart-based Landesbank LBBW has launched its own real estate fund management business, and set up subsidiary LBBW Immobilien Investment Management GmbH (LIIM) to steer the new venture aimed at German semi-professional... more
© fovito - Fotolia.com
UK online broker Purplebricks enters Germany in JV with Springer
British online estate agent Purplebricks is making its first foray into the German market, teaming up with media giant Axel Springer to buy a stake in the country’s market leader, Homeday. more
INREV
Banks returning, but debt funds remain favoured source of capital
While many lending banks have returned to financing attractive real estate propositions despite claims they were permanently on the retreat, the 2018 INREV Debt Funds Universe report reveals the continuing strength of real estate debt funds... more