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Deka Bank

Commercial real estate

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More and more investors are willing to take on development risk, with project developments and forward deals surging in popularity, according to JLL’s New Business Report: Real Estate Financing, Germany, published this month. Read more

Investment

Frankfurt

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Even by Frankfurt’s standards, it was a busy week for sales. No less than three office towers changed hands within a seven-day period earlier this month in the city for more than a billion euros, along with a number of significant other office transa Read more

Investment

Commerzbank Zentrale

Commerzbank AG

Germany's open-ended real estate funds have been riding a wave of liquidity to clean up and diversify their holdings, largely to very good effect, according to the latest annual ratings issued by Berlin-based rating agency Scope. Read more

Markets

Frankfurt Weihnachtsmarkt

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The future of German offices looks rosy, according to a survey carried out this autumn by Freiburg-based Center for Real Estate Studies (CRES) and Gesellschaft für Immobilienwirtschaftliche Forschung (gif). Read more

Markets

Aareal Bank

Aareal Bank AG

Fresh from the launch of its second US dollar Pfandbrief, Aareal Bank is eyeing further lending opportunities in the US, Alexander Kirsch, Director, Treasury - Capital Markets, at Aareal Bank, told REFIRE. Read more

Companies

Coca Cola Deutschland

Axel Mauruszat

Rockspring Property Investment Managers has acquired the Coca Cola headquarters in Berlin for its PanEuropean fund from Deka Fonds for just over €59m. The 100,000 sqm building has a Gold LEED certification and is located directly on the River... Read more

Investment

Bodo Winkler - Berlin Hyp AG

Berlin Hyp AG

In the refinancing markets, Berlin Hyp and pbb Deutsche Pfandbriefbank have both got off to an active start to the year with a number of sizeable issues, all well received by the markets. Read more

Companies

Facebook HQ London

British Land

That big German institutional investors are returning tentatively to the London commercial property market after the Brexit vote was confirmed earlier this month when German investors WestInvest and asset manager Deka Immobilien bought Rathbone... Read more

Investment

André Heimrich - BVK

Bayerische Versorgungskammer

In a further example of how Germany's big pension funds are expanding their loan books, BVK Bayerische Versorgungskammer is lending €200m to the Frankfurt-based residential property company ABG Frankfurt Holding to finance the construction of new... Read more

Companies

Gero Bergmann - Berlin Hyp

Berlin Hyp AG

German real estate lender Berlin Hyp has been tapping the markets heavily this year to refinance its lending, and in October issued its third €500m mortgage Pfandbrief since April – which, like its predecessors, was heavily (2.4 times) oversubscibed. Read more

Markets

Money Euro Sale

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The London-based private equity group Kildare Partners has bought most of the remaining German commercial real estate and debt portfolio from GE Capital Real Estate for an undisclosed amount. Read more

Companies

Trianon - Frankfurt

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The US REIT NorthStar Realty Finance Corp. is expanding its European portfolio with the acquisition of landmark Frankfurt skyscraper Trianon, in the heart of the banking capital's business district, for €540m. Read more

Investment

Million Euro

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Germany’s first debt fund under German investment law, the “Deka Realkredit Klassik”, said that it had acquired a senior tranche of a commercial real estate loan with a volume of around €30 million from DekaBank. The tranche is part of the total... Read more

Investment

Toronto

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Avison Young, a Toronto-based commercial real estate services firm recently made its first foray into the German market when it advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex in Cologne... Read more

Investment

Hamburg Christmas

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In any ranking of Germany’s top real estate destinations, the Bavarian capital Munich would expect to emerge at the very top – and, not surprisingly, does just that in the latest German City Ranking published by savings bank aggregator Deka Bank... Read more

Markets