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Iris Schöberl

Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Austria’s Signa Group has taken control of German department store chain Galeria Karstadt Kaufhof from Canada’s Hudson Bay Company’s (HBC) by acquiring its 49.99% stake in the recently merged chain for $1.5b, HBC announced this month. Read more

Companies

Iris Schöberl - BMO

BMO Real Estate Partners

BMO Real Estate Partners, a unit of Canada’s BMO Financial Group’s Global Asset Management business has launched its second fund in its Best Value Europe series, Best Value Europe II (BVE II) following seed commitments from repeat investors. Read more

Companies

Berlin Shining

© TTstudio - Fotolia.com

Despite the looming threat of entering a new year with no coalition government in place, Germany is poised for a strong 2018, real estate experts say. However, the failure of Angela Merkel’s CDU party to form a coalition government two months... Read more

Markets

Iris Schöberl - BMO

BMO Real Estate Partners

BMO Real Estate Partners, the former F&C REIT acquired by Canada’s Bank of Montreal group, has bought an urban development project in Mannheim in Germany. The off-market deal was part of a club deal for one of BMO's Spezialfonds. Read more

Investment

Iris Schöberl - BMO

BMO Real Estate Partners

The German unit of BMO Real Estate Partners, the former F&C REIT acquired last year by Canada’s Bank of Montreal group, boosted its transaction volume in Germany in 2015 by 40% to €585m, of which €500m was in the acquisition of 21 separate... Read more

Companies