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DIC Asset

Jochen Schenk - Real I.S.

bsi Bundesverband Sachwerte und Investmentvermögen e.V. 2016

German asset manager DIC Asset has bought an office building in central Berlin for €111m from Real I.S., the property arm of Munich-based bank BayernLB. Read more

Investment

Global real estate

© Tiberius Gracchus - Fotolia.com

In a transaction worth €376m, Frankfurt-based DIC Asset has signed a sales agreement to sell its entire 14% stake in Berlin listed peer TLG Immobilien to Ouram Holding and wealth manager Bedrock Group. Read more

Companies

Munich

© Mapics - Fotolia.com

Helvetic Financial Services (HFS), a wholly-owned subsidiary of Corestate Capital Holding, has exceeded the €1.2b fund volume mark for the first time, it announced this month. Read more

Investment

Dirk Hasselbring - Hamburg Trust

Hamburg Trust GmbH

German listed commercial property investor DIC Asset AG is launching a new Spezialfonds, its sixth overall and second focused on retail. The fund, named “Retail Balance I”, will invest in core and core-plus retail real estate in German metro... Read more

Investment

Peter Finkbeiner - TLG

TLG IMMOBILIEN AG

Listed German property group TLG Immobilien’s voluntary public takeover of its rival WCM Beteiligungs- und Grundbesitz-Aktiengesellschaft is a go, with 77.75% of shareholders accepting the takeover offer by the end of the acceptance period of 5... Read more

Companies

Ralf Kemper - JLL

JLL

JLL’s Victor Prime Office Index flattened out in the second quarter, rising by just 0.2% to 169.7 points, according to data released this month by JLL. Read more

Markets

Florian Goldgruber - ADO Properties

ADO Properties

Several listed German property investors have been taking advantage of the ongoing strength of the German economy and particularly its residential housing market to tap the capital markets for fresh financing. These are unlikely to be the last deals Read more

Markets

Aydin Karaduman - Bilfinger

Bilfinger Real Estate Germany

German asset manager DIC Asset has launched its fifth institutional real estate fund, DIC Office Balance IV fund. Read more

Investment

Aydin Karaduman - Bilfinger

Bilfinger Real Estate Germany

Northern European investment and asset manager Cording Real Estate Group has bought a German office portfolio for €143m on behalf of a joint venture between Denmark's Sparinvest Property Investors and the Turkish group Esas Properties. The seller... Read more

Investment

Aydin Karaduman - Bilfinger

Bilfinger Real Estate Germany

The Frankfurt-based listed German property firm DIC Asset has raised its acquisition target for its fund business to €500m from its earlier €400m to €450m, and said it had already invested over €300m this year so far. Read more

Investment

Ulrich Höller - German Estate Group

German Estate Group

In the largest single German property deal so far this year, the Frankfurt-based German Estate Group (GEG) bought the landmark property IBC International Business Campus in Frankfurt for €400m in an off-market transaction. Property lender Berlin... Read more

Investment

Martin Mörl - Prelios

Prelios Immobilien Management GmbH

Listed Italian real estate firm Prelios is preparing to launch its first German fund, a closed end Luxembourg vehicle focused on core-plus retail investments. It is looking to raise €280m from German and international institutional investors... Read more

Investment

Stavros Efremidis - WCM Beteligungs- und Grundbesitz AG

edicto GmbH

Germany's SDAX-listed WCM Beteiligungs- und Grundbesitz-AG saw its gross asset value exceed €500m after a spate of acquisitions last year. It has since added a further two retail parks and a DIY store not included in its end-of-year valuation... Read more

Companies

Barbarossa Center - Köln

Glas Fandel GmbH & Co. KG

Listed German office property developer and investor DIC Asset has just launched its third open-ended fund for institutionals, the DIC Office Balance II Fund, targeting an initial volume of €200m and focusing on core German office property... Read more

Investment

Higher Risk

© Olivier Le Moal - Fotolia.com

Large investors in German real estate are showing an increasing appetite for taking on bigger risks for smaller yield, according to Ernst & Young’s annual real estate barometer. The researchers also expect to see a rise in cross-border... Read more

Investment