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Edeka

Retail Centre

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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

Investment

Dreieich Nordpark

MEC METRO-ECE Centermanagement GmbH & Co. KG

German listed retail group Metro AG is looking to again sell off its retail subsidiary Real, along with a sizeable property portfolio, as it retreats back to being a classical wholesaler. more

Companies

Stuart Reid - Rockspring

Florian Glock - REFIRE

In a sizeable retail property deal, an open-ended fund of Rockspring Property Investment Managers sold a portfolio of five local German convenience centres to Hamburg-based investment manager Warburg-HIH Invest for more than €100m. more

Companies

Healthcare

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Internos' German asset management arm has launched a new Spezialfonds, Care Invest II, its second open-end fund focusing on healthcare real estate. more

Companies

Food Retail

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German retailers are upping the ante – and landlords are no longer calling all the shots – in a shift that has firmly put the power back in the hands of retailers. ‘Occupiers - particularly clothing retailers - have become very aggressive... more

Investment

Torsten Wesch - Redos

redos real estate GmbH

Hamburg-based retail property group Redos Real Estate has launched a new retail park fund that it intends to grow to €600m, the group announced this week. The regulatory envelope for the new AIF, Redos Einzelhandel Deutschland II, will be provided... more

Investment

Blair Welch - Slate

Slate Asset Management L.P.

The Toronto-based Slate Asset Management continued its drive to build up a portfolio of German grocery-anchored assets with the acquisition of a further four portfolios consisting of 47 assets. The portfolios total 56,474 sqm of gross lettable... more

Companies

Dr. Martin Leinemann - Arbireo Capital

Arbireo Capital AG

German investment manager Arbireo Capital has acquired a portfolio of seven supermarkets from family-run retail developer Ratisbona Handelsimmobilien Gruppe for its open-ended spezialfonds, ‘Arbireo Spezial-AIF Lebensmittel-Einzelhandel’, for €22m. more

Investment

Marcel Fuhr - GPEP

GPEP GmbH

Giant German occupational pension fund Bayerische Versorgungskammer (BVK) has established a new €250m German retail centre and supermarket fund in partnership with Frankfurt-based retail specialist GPEP. The BVK-Deutschland I-Immobilienfonds – FMZ... more

Investment

Food Retail

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Investors are turning their eye to food retail in Germany, due to constant increases in turnover, according to a new study by BulwienGesa. more

Markets

Alexander Eggert - Warburg-HIH

Warburg-HIH Invest Real Estate GmbH

Hamburg-based real estate investment manager Warburg-HIH has launched a new German retail fund, which it intends to grow to €450m, Alexander Eggert, managing director product, business and fund management at Warburg-HIH, told REFIRE earlier this... more

Companies

Acquisitions, Contracts and Deals

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The Paris-based AEW Europe made two significant acquisitions this month, one for its €2.2bn LOGISTIS platform and the other a major portfolio for its €9bn retail holdings. Both deals come on the heels of earlier AEW announcements of major... more

Investment

Shopping Center

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An unnamed Berlin investor represented by Frankfurt-based real estate manager Curator r.e.m. has acquired a portfolio of three German shopping centres from UK-based real estate group Edinburgh House for a price described as ‘in the high double... more

Investment

Torsten Wesch - Redos

redos real estate GmbH

The institutional fund unit of German retail specialist Redos has added 13 German retail assets worth €200m to its Redos Einzelhandel Deutschland fund across several low-key transactions over the last five months. The fund is targetting a total... more

Companies

Espace Kennedy - Kirchberg

Savills Fund Management GmbH

Savills Investment Management has bought a retail centre in Germany and an office building in Luxembourg for a combined total of €75 million, on behalf of a southern German pension fund. The two assets were sold by German mutual fund SEB... more

Investment

Blair Welch - Slate

Slate Asset Management L.P.

The Toronto-based REIT Slate Asset Management has made its first foray into European real estate, buying 67 mainly grocery-anchored real estate assets located throughout Germany. more

Companies

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. more

Investment

Shopping mall - Fachmarktzentren

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The amount of new retail space being developed in the form of retail parks ("Fachmarktzentren") has fallen this year in Germany to only 71% of the previous year's growth level, in contrast to the trend in the rest of Europe. Europe as a whole will... more

Markets

Ali Otmar - Tristan Capital Partners

Tristan Capital Partners

Pan-European investment manager Tristan Capital's core plus-style CCP IV Fund (Curzon Capital Partners IV) has bought four logistics warehouses in Austria and Germany, paying almost €60m in two separate transactions. The three Austrian assets were... more

Investment

Marcel Fuhr - GPEP

GPEP GmbH

Frankfurt-based fund manager Universal Investment has teamed up again with retail specialist and portfolio manager GPEP to buy another retail portfolio, bringing the total investment of the two in German retail centres and retail parks to more... more

Investment