Patrizia
Patrizia
Private investors upping exposure to residential development market as develop and hold segment set to grow to €40 bn
Private investors are homing in on Germany’s residential development market, with the ‘develop and hold’ segment predicted to grow to €40 bn over the next few years. Read more
NomadSoul1
Patrizia, Swiss Life, launch new European Living funds
November saw the launch of two big pan-European open-ended residential funds – the first from Patrizia, and the second from Swiss Life, who is leveraging the power of the Deka distribution network to sell its fund via the German savings bank network. Read more
nd3000
Singapore’s GIC to acquire ‘Maximus’ portfolio for around €950m
Singapore’s sovereign wealth fund GIC has signed an agreement to acquire a pan-European logistics portfolio, ‘Maximus’, from Apollo Global Management and Palmira Capital Partners for around €950m. Read more
CC - Gizmo23
Europe benefits, as wave of Korean global investment doubles
Investment in global real estate from South Korean investors could exceed €18.2bn over the full year 2019, double its previous peak of about €7.2bn, with Europe remaining the primary beneficiary, according to new data from Real Capital Analytics. Read more
Cushman & Wakefield @ Daft Media Limited
Which city lies between Darmstadt and Koblenz? Answer: Dublin
A recent study by Union Investment and BulwienGesa asked this question: for investors in student accommodation, which cities are most attractive? Read more
Vonovia SE
90% of German asset managers want to boost exposure to residential sector
A whopping 90% of German asset managers want to increase their exposure to the residential sector, according to an asset management study published this month by Ernst & Young and Germany’s largest residential landlord, Vonovia. Read more
Domicil Real Estate GmbH
Domicil builds on mandates to plan own housing investment
The Munich-based Domicil Real Estate Group remains very positive about German residential housing, and is gearing itself up to take on further mandates, after jumping up a couple of divisions with some sizeable deals earlier on this year. Read more
Patrizia
Junghof Plaza in Frankfurt changes hands for €400m
Patrizia Immobilien subsidiary TRIUVA, has agreed the forward purchase of Junghof Plaza, a 33,000sqm, mixed-use property in the centre of Frankfurt, for about €400m. The property was bought on behalf of a large German pension scheme from a joint vent Read more
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Singaporean investor acquires Frankfurt’s ‘Galileo’ skyscraper for €356m
Singapore’s largest commercial REIT by market capitalization, CapitaLand Commercial Trust (CCT), has acquired the ‘Galileo’ skyscraper in Frankfurt from Patrizia-owned Triuva for €356m, it announced this month. Read 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... Read more
PATRIZIA Immobilien AG
Patrizia acquires rival Triuva
Augsburg-based fund manager Patrizia Immobilien has acquired rival Triuva, the institutional fund subsidiary of IVG Immobilien, for an undisclosed sum, propelling into the ranks of the top 10 European investment managers, it announced this month. Read more
Stefan Aumann
Peakside lighten up on resi, swoops on 14-unit office portfolio
In what has been a busy month for transactions for the company, European real estate private equity firm Peakside Capital has made its first acquisition on behalf of its third real estate fund, Peakside Real Estate Fund (PREF III). The deal... Read more
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German hotel deals keep up momentum of record year 2016
The German hotel investment market had a record year in 2016 at a volume of nearly €5.2bn, helped by a record fourth quarter which saw more than €2bn in volume across 60 transactions, as well a several larger portfolio deals. This was against a... Read more
Patrizia
Patrizia buys 3,500-unit Bouwfonds portfolio, raises FY forecast
The Augsburg-headquartered Patrizia Immobilien confirmed that it was the purchaser of the 'multi hundred million euro' German residential portfolio located in western Germany from Bouwfonds Investment Management last month. Patrizia bought the... Read more
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BMC Report 2016: Germany's top asset managers
For the seventh year in a row, the Cologne-based Bell Management Consultants (BMC) have produced the nearest thing in Germany to a definitive ranking of the nation's top real estate asset managers. Read more
NAI Apollo Group
German residential market hits record €17bn in first half
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
CB Richard Ellis
Record first half for German retail at nearly €10bn
New figures just in from property brokers CBRE confirm that foreign investor interest in German retail real estate remains undimmed. Compared to last year's first half, total investment volume in German retail more than doubled in the first six... Read more
Deutsche Annington
Deutsche Annington unstoppable in search of growth after Südewo takeover
Rolf Buch, the CEO of listed Deutsche Annington, told German newspaper Welt am Sonntag recently that his company was looking at every residential portfolio that came on the market in Germany with more than 1,000 units, to see whether they might... Read more
PATRIZIA Immobilien AG
Patrizia absorbs new 14,000-unit residential fund
The listed Augsburg-based Patrizia Immobilien AG has swooped again to pick up a major residential portfolio, this time persuading a group of Swedish and Norwegian investors in an off-market transaction to accept its offer for a 14,000-unit portfolio, Read more
PATRIZIA Immobilien AG
Patrizia buys €286m Eurocastle German retail portfolio
The Augsburg-based full-spectrum investor Patrizia Immobilien has acquired a supermarket portfolio with 107 retail properties, consisting of supermarkets, discounters and retail centres throughout Germany, most of which are leased to well-known... Read more