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Deka Immobilien

Berlin Summer

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Just over 100m overnight stays were recorded in hotels in Germany’s Top 10 tourism cities in 2018, a rise of 5.7% over the preceding year, which itself had seen a rise of 4.6% over 2016. The figures for this year 2019 are expected to show a... Read more

Markets

Michael Schneider - IntReal International Real Estate

IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH

Net fund assets of all Germany’s open-ended mutual property funds came to €101.1bn at the end of this year’s first quarter, surpassing the €100bn level for the first time ever, new figures from Germany’s fund organization BVI show. The figure... Read more

Companies

Logistic funds

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In the largest deal in the Czech Republic this year, German savings bank central investment company Deka Immobilien has acquired a logistics portfolio in the Czech Republic from commercial real estate developer CTP group. Read more

Companies

Real Estate Digital

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Berlin-based proptech company Architrave has taken a major stride forward by signing up eight leading German commercial real estate and asset management companies to develop a common open digital strategy. Read more

Markets

Logistic funds

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Hansainvest Real Assets, the Hamburg-based funds manager that is part of the Signal-Iduna insurance group, said recently it planned a major expansion of its holdings in distribution and logistics real estate over the coming 18 months. Read more

Companies

Tower 185

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German fund manager Deka Immobilien has acquired the landmark Tower 185 office skyscraper in Frankfurt for around €775m, in one of the single biggest deals of the year. Read more

Investment

Germany - Transparency, Logistics

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Both of Germany's biggst fund managers, Union Investment and Deka Immobilien, have also been investing in logistics assets, in addition to the steady stream of commercial real estate projects (too many to mention) which they transact monthly, both... Read more

Investment

Allianz Campus Berlin

Aldo Amoretti / Allianz Deutschland AG

In another sizeable deal on Berlin's commercial property market, global real estate investment firm Hines has bought the Allianz Campus Berlin on behalf of a Korean real estate fund managed by Vestas Investment Management. Read more

Investment

Hotel Reception

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Australian apart-hotel operator Adina is on track to double its German portfolio by the end of 2019, its European director, Andrew Hunter, said. ‘We are developing around 900 rooms in Germany, which will all be completed by the end of 2019... 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

Retail

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The UK-headquartered RiverRock European Capital Partners has launched its first real estate mezzanine debt fund for German commercial real estate, raising investment capital from European and Middle Eastern institutional and family office investors. Read more

Companies

Hotel

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It's still all green lights in the German hotel investment market. Following on from last year, new records are being broken as the first half of this year saw transaction volume of nearly €2 billion, a record for a six-month period and 35% up on... Read more

Markets

Frankfurt

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With the demise of the traditional January CIMMIT conference a couple of years ago, the likewise in January recurring BIIS event for Germany's real estate fund managers seems to have scooped up a lot of the overspill. Read more

Markets

Torsten Knapmeyer - DEKA Immobilien

DekaBank

Deka Immobilien, the property fund subsidiary of the German Sparkassen (savings banks), is reported in Frankfurt to be readying its 'Stella' property portfolio for sale. The portfolio could be expected to fetch around €800m with the sale thought... Read more

Companies

Matthias Leube - AXA Investment Managers Deutschland

AXA Investment Managers

AXA Investment Managers – Real Assets (previously known as AXA Real Estate) said recently that it has already transacted €756m of real estate deals in Germany in the first nine months of this year, underlying the attractions of Germany to the real... Read more

Companies

Torsten Knapmeyer - DEKA Immobilien

DekaBank

German fund manager Deka Immobilien has bought a diversified portfolio of 51 city-centre retail assets in 37 German cities for €700m. The seller was D&R Invest, which represents a group of Dutch private investors. Read more

Companies

Andreas Loecher - Union Investment

Union Investment

We reported in the last issue of REFIRE on the German hotel market, in particular how in the budget sector Germany is rapidly playing catch-up with other European markets as a host of new players enter the market. The latest issue of the... Read more

Markets