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German pension fund

Eurotower - Frankfurt

Epizentrum / Wikimedia Commons

The Eurotower, the previous home of the European Central Bank in the centre of downtown Frankfurt, is being sold by its owners, the New York-based RFR Holding, to Germany’s IVG Institutional Funds, for €480m in a share deal. The beneficial owner... Read more

Investment

Klaus Schmitt - Patrizia

PATRIZIA Immobilien AG

The Augsburg-based listed Patrizia Immobilien AG continues to break new ground in Europe – this time in the Netherlands, where it paid €578m to buy about 5,500 apartment units from the Vestia housing association. This is the biggest transaction... Read more

Companies

GAGFAH - Wiesbaden-Biebrich

GAGFAH

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

Investment

Bayrische Versorgungskammer

Bayrische Versorgungskammer

Bayerische Ärzteversorgung (BÄV), the Bavarian doctors pension fund which is part of the giant German pension fund Bayerische Versorgungskammer (BVK), has awarded a €500m global real estate mandate to LaSalle Investment Management in a bid to... Read more

Investment

Alexander Tannenbaum - Universal-Investment

Universal-Investment-Gesellschaft mbH

The Frankfurt-based specialist fund asset manager Universal-Investment looks as if it is putting together Germany’s largest-ever Spezialfonds. The so-called Master Fund has a planned equity volume of €1bn and is targeting deal volume of €1.8bn... Read more

Investment