Kempen & Co

Rolf Buch - Vonovia

Vonovia SE

Germany's largest residential property company Vonovia is buying Austrian rival BUWOG in a cash deal which values BUWOG at €5.2b. The move will see Vonovia increase its housing stock from 350,000 to 400,000 units, and give it valuable access... Read more


Michiel Jaski - IVG


As REFIRE reported in recent issues, Germany's erstwhile largest listed property IVG Immobilien AG has embarked on the sale of its core property portfolio under the flag of its new corporate identity as Officefirst Immobilien. Plans seem to be... Read more


Hamborner - Objekt Muenster

Hamborner REIT AG

German listed property firm Hamborner REIT is to raise around €142m through a cash capital increase of 16.6 million new shares at a price of €8.50 a share. Shareholders can subscribe at the ratio of three to one for existing shares held. The price... Read more


Thomas Hegel - LEG

LEG Immobilien AG / Andreas Teichmann

Still expanding and still looking for new portfolios to bolt on to its huge North Rhine-Westphalian stock of residential housing is Düsseldorf-based LEG Immobilien AG. Read more



© Tim -

The Berlin-based Ado Properties SA, a value-add residential real estate investor focused on the German capital, plans to raise at least €400m in an initial public offering this year. Ado, whose parent company Ado Group Ltd. is already traded in... Read more



© hfox -

The markets are in need of a good story, after the surge in German real estate companies’ share prices over the last few years, and that story is consolidation. Among existing listed companies, merger fever has gripped the markets. Read more


Rolf Elgeti - TAG Immobilien

TAG Immobilien AG

Much in the news this month has been the Hamburg-based listed residential property investor TAG Immobilien AG, which announced a huge share buyback program and the imminent departure of its star CEO Rolf Elgeti, after five years at the top of the... Read more


Peter Finkbeiner - TLG


Now it’s official. After months of speculation, some of it public, the eastern German commercial property specialist TLG Immobilien announced that it plans to float on the stock market, with its launch set for before the end of this year. Read more