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Sabine Barthauer - Deutsche Hypo

Deutsche Hypo

After a brief interlude of optimism in the first quarter of 2019, the mood in the real estate market in Germany continued on the downward trend it it has been experiencing since August last year. Read more

Markets

Gerhard Meitinger

pbb Deutsche Pfandbriefbank

Munich-based property financing bank pbb Deutsche Pfandbriefbank provided the financing for two of Germany’s more prominent office assets this month, the Pressehaus am Alexandraplatz in Berlin and the four towers making up the FOUR Frankfurt project. Read more

Investment

Logistic funds

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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... Read more

Companies

Sony Centre

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The recent mega-deal which saw Canadian pension fund Oxford Properties and Madison International buy the Sony Centre in Berlin from Korea's national pension fund for €1.1bn has now been financed by the buyers. They have closed a €625m loan... Read more

Investment

Purse - Geldbörse

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After a sluggish start to the year, German lenders are starting to loosen their purse strings again. Read more

Markets

Joint Venture

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In what was one of the largest and most complex transaction in the logistics sector over the past twelve months, German lender pbb Deutsche Pfandbriefbank has provided Growth Industrial Asset Net-Income Trust (GIANT) with €260m investment... Read more

Companies

Andreas Arndt - pbb

Deutsche Pfandbriefbank AG

The steady decline of pbb Deutsche Pfandbriefbank's share price since its flotation a year ago is symptomatic of the problems being faced by the successor bank to Hypo Real Estate. Last week's second quarter figures show the corrosive effect of... Read more

Companies

Charles Balch - pbb

pbb

German lenders Pbb Deutsche Pfandbriefbank and Deutsche Hypothekenbank have jointly arranged a €267m loan for the New York-based Perella Weinberg Real Estate's Fund II to finance the Marieninsel development project in Frankfurt/Main. Read more

Investment

Thomas Köntgen - pbb

Deutsche Pfandbriefbank AG

The Munich-based pbb Deutsche Pfandbriefbank, the 'good bank' that emerged out of the ashes of the old – and since nationalised - Hypo Real Estate, has posted its best results since its new beginning as an independent real estate financing bank. Read more

Companies

Berlin

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Ado Properties, a German subsidiary of Tel Aviv-listed company Ado, has continued its recent buying spree, most recently buying 43 apartment buildings in its target market of Berlin for €130m. The properties, totalling 1,300 apartments, were... Read more

Investment

Holger Hosang - Pamera Cornerstone

PAMERA Cornerstone Real Estate Advisers GmbH

Mount Kellett Capital Management, the New York-based private equity group, has bought the Astropark office complex in Frankfurt in a co-investment with asset manager Pamera Cornerstone., for an undisclosed price. Read more

Investment

Grand City Hotels

Grand City Hotels GmbH

Munich-based pbb Deutsche Pfandbriefbank has provided a €139m portfolio refinancing to Grand City Hotels, one of the largest hotel operators in Germany. The portfolio consists of eight business hotels across Germany and in Amsterdam. Read more

Investment