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Prime Office AG

Numbers and figures

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Germany's first-ever REIT, the Hamburg-based Alstria office REIT-AG has now officially taken over fellow-listed DO Deutsche Office AG following its voluntary takeover offer. The new company will be Germany's largest commercial property company... Read more

Companies

DO Deutsche Office AG - Share

© benjaminnolte - Fotolia.com / DO Deutsche Office AG

It has been earmarked for some time, but the former German listed property group and REIT Prime Office has officially been re-named as DO Deutsche Office after its merger with OCM, moving its headquarters to the city of Cologne in the Rhineland... Read more

Companies

Estavis - Adler

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Germany’s financial regulator BaFin gave its approval for the voluntary public takeover by small listed German property investor Adler Real Estate AG of the likewise-small listed Berlin-based Estavis AG. There is now an exchange period, which... Read more

Investment

Financing

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The newly-created Prime Office AG started life in February by an immediate raising of €130m in a cash capital increase designed to strengthen its capital position and to reduce leverage. The new office property platform, focused on the larger... Read more

Companies

Kapitalsteigerung

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The company, created out of the merger between listed Prime Office REIT AG and OCM Real Estate, a unit of US private equity firm Oaktree, expects to issue 50.2m new shares in a cash-raising exercise offering pre-emptive rights to existing... Read more

Companies

Alexander von Cramm

Prime Office REIT-AG

Despite the protestations of a disgruntled minority shareholder of listed REIT Prime Office AG, shareholders are likely to give the green light to the merger between the troubled REIT and OCM German Real Estate Holding, a division of US private... Read more

Companies