Fortress Investment

Wolfgang Egger

PATRIZIA Immobilien AG

The Augsburg-based full-spectrum investor Patrizia Immobilien has acquired a supermarket portfolio with 107 retail properties, consisting of supermarkets, discounters and retail centres throughout Germany, most of which are leased to well-known... Read more


GAGFAH - Wiesbaden-Biebrich


It’s been all good news for residential housing group Gagfah shareholders in recent years, who are sitting on a six-bagger since the dark days of early 2009. Things were given a fillip last year with the arrival of CEO Thomas Zinnöcker from Berlin... Read more


Andreas Hardt - Valad

Valad Germany GmbH

Real estate investment manager Valad Europe won an important workout mandate earlier this month, when it was appointed to manage and sell off six German office property assets, in the so-called Bridge portfolio. The portfolio is part of the Windermer Read more


Apartment by Gagfah


Investors have been steadily buying Luxembourg-based Gagfah stock over the past year, and seem increasingly encouraged by the wave of positive news coming from the company, particulary since the arrival of Thomas Zinnöcker as CEO from GSW... Read more


LEG in North Rhine-Westphalia

LEG Immobilien AG

The Whitehall Funds of Goldman Sachs took the opportunity earlier this month to dispose of practically its entire holding of 15.2m shares or nearly 29% in LEG Immobilien AG, Germany’s fourth-largest property company by market value. Read more


Gagfah in Sachen Anhalt

U. Kneise / Archiv GAGFAH

It may be just a question of perception, but it certainly feels as if there are fresh winds blowing through listed German residential investor Gagfah AG since the arrival last spring of Thomas Zinnöcker as CEO from Berlin’s GSW Immobilien AG. Read more



GAGFAH M Immobilien-Management GmbH

Listed German residential property investor Gagfah issued its half-year results recently, which were long on bullish projections for the future based on its improved capital structure, but short on actual improvements on a like-for-like basis with... Read more


Numbers and figures

© sato -

It’s not really been a good month for Germany property companies tapping the capital markets. Or perhaps it’s fairer to say that the appetite is still there for German residential exposure, but bookrunners are finding out that the market has... Read more


BUWOG Zentrale

BUWOG - Bauen und Wohnen Gesellschaft mbH

Listed Austrian real estate company Immofinanz has pulled the planned public listing of its residential property subsidiary Buwog, citing the uncertain market environment. The IPO was scheduled for November of this year, and Immofinanz has taken... Read more


Apartments in Berlin

U. Kneisel / Archiv GAGFAH

German listed housing group Gagfah, controlled by US private equity firm Fortress Investment, said earlier this month that it is close to completing the nearly €2bn refinancing of its securitised German Residential Funding portfolio, on improved... Read more