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Deutsche Bank

Hermann Merkens - Aareal Bank AG

Aareal Bank AG

Pressure is increasing on the top management at leading real estate lender Aareal Bank to sell off its software unit Aareon, as an activist investor in the bank pushes the bank to reverse its strategy and threatens to call an extraordinary general... Read more

Companies

Deutsche Bank - Frankfurt

Kiefer, CC BY-SA

German family-owned logistics property group Garbe Industrial Real Estate is planning to float its Logistrial property unit on the Frankfurt stock exchange as an industrial REIT, hoping to benefit from a boom in Germany's real estate market. Read more

Companies

Peter Finkbeiner - TLG

TLG IMMOBILIEN AG

A number of German real estate companies would appear to be gearing up for their launch as public companies, probably in autumn but certainly before the end of the year. Read more

Companies

Wien

© SerrNovik - Fotolia.com

Austrian listed property group Immofinanz bolstered its finances earlier this month when it placed €500m of fixed rate senior unsecured notes with a four year maturity and a 2.65% coupon. The net proceeds of the note issue will be used for the refina Read more

Companies

Saul Goldstein - Activum SG

Activum SG Capital

The Jersey-based real estate fund manager ActivumSG Capital Management sold its entire remaining stake in listed German residential developer Instone earlier this month. Read more

Companies

Deutsche Bank - Frankfurt

Kiefer, CC BY-SA

Qatari investors attending the recent Qatar-German Business & Investment Forum in Berlin earlier this month, the fourth such event, were very bullish about the German economy in general, and several key players said they specifically... Read more

Investment

Charles Kingston - REFIRE

REFIRE

Two years ago, shortly after the Brexit referendum, the FT Weekend edition published an article by Tyler Brûlé, the flamboyant Canadian publisher of lifestyle magazines Wallpaper and Monocle. Read more

Opinion

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

Funds, numbers and figures

© semisatch - Fotolia.com

Germany's eighteen open-ended real estate funds have been busy doing their housekeeping since the whole sector found itself back on a stable footing in the aftermath of the liquidity crisis and the introduction of new regulations guiding the sector. Read more

Companies

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

Markets

Torsten Kracht - Instone Real Estate Group

Tino Pohlmann

nstone Real Estate has acquired a former tea trading headquarters in Halle an der Saale that it plans to convert into more than 100 apartments for an undisclosed sum, it announced this week. Read more

Investment

Office

© davis - Fotolia.com

Co-working is shaking up global office markets, following a record year for new co-working take-up, according to C&W’s ‘Co-Working 2018’ report, published this month. Read more

Markets

Bayrische Versorgungskammer

Bayrische Versorgungskammer

Giant German pension fund Bayerische Ärzteversorgung (BAV) is outsourcing the management of a €1bn global property portfolio to Deutsche Asset Management, the alternative assets investment arm of Deutsche Bank. Read more

Companies

IPO

© Tim - Fotolia.com

German residential property developer Instone Real Estate Group confirmed this month that it planned to go public by listing its shares on the Frankfurt Stock Exchange this year. The IPO, mooted to be for mid-February but almost certainly in the... Read more

Companies

Sold, Deal

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Swedish buyout group Nordic Capital is buying Alloheim, Germany’s second-largest nursing home operator, for about €1.1 billion including debt, from the Carlyle Group. Nordic Capital said it intended to support Alloheim’s management... Read more

Companies

Money

© Gina Sanders - Fotolia.com

It's only a few years ago since the German open-ended funds industry was in crisis leading to widespread liquidations – due to a lack of liquidity. The sector is suffering again, but this time for the opposite reason – a surplus of liquidity – as... Read more

Markets

Jacob Lyons

REFIRE - Florian Glock

Pan-European real estate advisor and manager CR Investment Management and Oxane Partners, a UK-headquartered service company for alternative asset managers, have formed a new partnership to deliver systems and technologies to support CR's asset... Read more

Companies

Volker Oehls - Situs

Situs Holdings

The deal had been brewing for several months and had been well flagged by the major players involved, but loan servicing and NPL loan management firm Situs has now bought competing debt advisory group Hatfield Philips International (HPI) from... Read more

Companies

Deutsche Bank - Frankfurt

Kiefer, CC BY-SA

Will Deutsche Bank need rescuing? It’s a question that is being asked as this big beast of global banking gears up to announce its third quarter results on October 27. With losses expected to be north of €600m (£534m), the backdrop is dismal... Read more

Our Guests

Michiel Jaski - IVG

IVG

As REFIRE reported in recent issues, Germany's erstwhile largest listed property IVG Immobilien AG has embarked on the sale of its core property portfolio under the flag of its new corporate identity as Officefirst Immobilien. Plans seem to be... Read more

Companies