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Gagfah

Germany Euro

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As we reported here in REFIRE back in November last year, Germany edged ahead of the UK as Europe's most active real estate investment market in last year's third quarter for the first time since 2012. Fresh research from Real Capital Analytics... Read more

Markets

Jan Linsin - CBRE

CBRE

According to property advisers CBRE, the first nine months of the year saw turnover in portfolio residential transactions (of 50 or more housing units) of about €7.2 billion. This is fully €11.3 billion less than in the first three quarters of... Read more

Markets

Alexander Porschowsky - Conwert

conwert Immobilien Invest SE

Austrian listed Conwert Immobilien, in the process of being taken over by Germany’s largest property company Vonovia, has sold a large chunk of its commercial property portfolio to an unnamed international group of investors for €335m, which it... Read more

Investment

Rolf Buch - Vonovia

Vonovia SE

Shareholders in Vonovia, Germany's largest residential property company, gave their company the green light this week to go ahead with its bid for Germany's number 2 player Deutsche Wohnen AG. Deutsche Wohnen is resisting the takeover, and last... Read more

Companies

Rolf Buch - Deutsch Annington

Deutsche Annington

The Bochum-based listed Deutsche Annington, now renamed as Vonovia SE, has been promoted for inclusion in the DAX-30, the index of the top 30 German industrial companies, with effect from September 21st. Read more

Companies

Dr. Konrsd Kanzler - NAI Apollo

NAI Apollo Group

It's not just Germany's retail real estate sector that is hitting record levels in the first half of the year. Research figures in from advisory group NAI apollo show that investment in Germany’s residential portfolio market posted record... Read more

Markets

Residential Germany Apartment

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Some 304,000 German apartments were traded in portfolio transactions of over 800 units last year, the same strong level as in 2013, says the BBSR specialist federal institute. It expects another strong year for 2015. Read more

Markets

Andreas Segal - Deutsche Wohnen AG

Deutsche Wohnen

Speaking at the annual Handelsblatt Immobilientagung in Hamburg last week, Andreas Segal, board member and finance director at listed Deutsche Wohnen AG, addressed the issue of consolidation among German listed property groups. In particular, he... Read more

Companies

Rolf Buch - Deutsche Annington

Deutsche Annington

Listed German residential landlord Deutsche Annington has concluded its merger with rival housing investor Gagfah after securing the votes of 94% of the Gagfah voting shares. The new company will be renamed Vonovia SE from April this year, and... Read more

Companies

Rheinterrasse - Deutsche Annington

Deutsche Annington Immobilien SE

German listed housing company Deutsche Annington has now secured 94% of shares tendered by investors in its public takeover bid of Essen-based Gagfah. Having secured the go-ahead from the Federal Cartel Office at the end of January, the... Read more

Companies

Peter Barkow - Barkow Consulting

Barkow Consulting GmbH

2014 was the year to be in German real estate stocks, while the Spezialfonds vehicle also had a superb year seeing hefty capital inflows.However, the open-ended and closed-ended funds sector had a much tougher time of it, a new study by capital... Read more

Markets

Rheinterrasse - Deutsche Annington

Deutsche Annington Immobilien SE

Deutsche Annington kicked off its campaign the week before Christmas to win the hearts and minds of rival Gagfah’s shareholders, who have until 21st January to decide on Annington’s takeover for their company. The company tabled its official offer... Read more

Companies

Thomas Landschreiber - Corestate Capital

CORESTATE-Capital-AG

Swiss real estate investor Corestate Capital said it had sold a German residential property portfolio to German listed residential firm Gagfah, for an undisclosed price. The portfolio includes around 4,960 residential units spread across several maj Read more

Companies

Apartment by Gagfah

GAGFAH GROUP

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

Investment

Fragmented housing

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A new study on Germany’s residential housing market shows how fragmented the market is and how the lack of scale efficiencies have led to inflated cost structures, despite robust growth among listed residential property firms. Read more

Markets

Raising capital

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The year 2013 will see the most capital raised for German real estate companies from share and bond sales in any year since 2006 – a near tripling of last year’s figure – as investors took advantage of the buoyant residential sector and the return... Read more

Markets

Dr. Bernd Kottmann, GSW

GSW

The good news coming from listed Berlin residential property investor GSW Immobilien AG is the nearly doubling of its first quarter profits over last year, and its establishment of a new €80m credit line with friendly neighbour Landesbank Berlin. Read more

Companies

Berlin Brandenburger Tor

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It’s been a fairly steady stream of good news for both the company and shareholders of listed Berlin residential housing company GSW Immobilien since the company’s flotation on the stock market in 2011. Read more

Companies

BauBeCon

BauBeCon

Listed Berlin-based residential property investor Deutsche Wohnen AG has called an extraordinary general meeting for December 4th to request shareholder approval for a further rights issue... Read more

Companies