JLL
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Berlin office market outperforms its German counterparts
Berlin has outperformed its German counterparts to record the strongest office rental growth in the third quarter, up 3.2%, according to JLL’s European Office Clock Q3 2018, published this month. more
Motel One GmbH
Cooling in German hotel market – but individual deals still strong
After several boom years on the German hotel market, things are cooling down, particularly in respect of larger portfolio deals, although figures in from Q3 suggest that interest in individual hotel properties remains buoyant. more
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SPD pushes for ‘Mietenstopp’ to cap rental growth
Germany’s SPD party is pushing for a 12-step ‘Mietenstopp’ to cap residential rent hikes in the country, in a move it is hoping will curb excessive rental increases following the abject failure of the Mietpreisbremse, or rental brake law. more
GALERIA Kaufhof GmbH
Galeria Kaufhof and Karstadt to create ‘merger of equals‘
German department stores Galeria Kaufhof and Karstadt Warenhausare to merge after Austria’s Signa Holding and Canadian retailer Hudson’s Bay Co. (HBC) agreed to form a joint venture via a new holding company, they announced this month. more
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German lenders show greater flexibility as margins hit all-time low
German lenders are becoming more flexible against a backdrop of miniscule margins, which are making it increasingly challenging for them to position themselves strategically, according to Markus Hesse... more
Eskimo71
Frankfurt's Zeil still busiest shopping street in Germany
Property adviser JLL's annual survey of Germany's most frequented shopping streets has confirmed that Frankfurt's Zeil has defended its position as the liveliest shopping street in the country. In second and third place come Munich... more
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Organizations crack down on money laundering in real estate
Money laundering is an age-old crime but governments and other organizations are starting to crank up the heat, in a move to crack down on ill-gotten gains funnelled into commercial real estate. more
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Student rents in Berlin rocket
Students flocking to study in Berlin will have to face an unwelcome truth: rents in the city have rocketed more than in any other German city, up 39% since 2011, according to a study of 160 German cities and student rents between 2011 and 2018... more
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DIFI Index falls back into negative territory
Germany’s property finance index (DIFI), as compiled by JLL and ZEW, fell back into negative territory in the first quarter of 2018, thereby pulling away from the slight gains made in the fourth quarter last year, according to... more
JLL
Food and gastronomy take-up increases six fold in past 10 years
Food and gastronomy take-up has increased six fold over the past 10 years as business kicks into a new gear, according to a new study by JLL, ‘Changing food retail: from mom-and-pop stores to e-business’. more
JLL
JLL’s VICTOR Prime Office Index ends 2017 on a high
JLL’s VICTOR Prime Office Index ended 2017 on a high, up 4.1% at 180.7 points in the fourth quarter. more
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Singapore's FCL enters last-mile logistic sector in €257m ECE deal
Frasers Property Investments Europe, part of Singapore-incorporated Frasers Centrepoint (FCL), has made another significant move in expanding its footprint in Europe's logistical and light industrial segment by buying six logistics assets... more
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Deka acquires landmark Tower 185 in Frankfurt
German fund manager Deka Immobilien has acquired the landmark Tower 185 office skyscraper in Frankfurt for around €775m, in one of the single biggest deals of the year. more
Mayr Melnhof - Karton AG
Sale of Immofinanz Russian assets clears path for CA Immo merger
Austrian listed property group Immofinanz has finally closed the sale of its Russian retail portfolio to Russia's Fort Group for around €900m, completing its exit from the russian market, as has long been its stated corporate strategy. The move... more
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German offices enjoy boom
Germany’s office sector is enjoying something of a boom. Prime rents in Germany’s Top 5 cities - Berlin, Frankfurt, Munich, Düsseldorf and Hamburg... more
Friedemann Weck - ADO Properties
Mietpreisbremse battle taken to Germany’s Federal Constitutional Court
Berlin’s Landgericht, or District Court, has taken Germany’s Mietpreisbremse to the Bundesverfassungsgericht (the Federal Constitutional Court) this month, marking the latest step in a protracted battle to have Germany’s much-maligned rental brake... more
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German retailers ‘dictate conditions’
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
JLL
JLL VICTOR index reports growth in 3Q
JLL’s VICTOR index, which tracks prime offices in Germany, grew by 2.3% in the third quarter to 173.6 points, JLL announced this month. However, despite the increase, prices continue to plateau, according to the agency. Some markets fared better... more
redos real estate GmbH
Redos launches retail park fund
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
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Germany in 2018: market remains upbeat, despite political uncertainty
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... more