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Radisson Blu

Christof Winkelmann - Aareal Bank

Aareal Bank AG

Among notable financings of the past month, pbb Deutsche Pfandbriefbank and HSH Nordbank lent German investor RFR Group more than €200m to refinance the 47-storey hotel and office asset WestendGate opposite the trade fair in Frankfurt. Read more

Investment

Stefan Giesemann - JLL

Jones Lang LaSalle

In the first quarter of 2017, €1.1b of hotel deals were transacted in Germany, up 50% on the same quarter a year earlier, thereby hitting a new high, according to Stefan Giesemann, senior vice president of the Hotels & Hospitality Group at JLL in... Read more

Markets

Hotel

© Robert Kneschke - Fotolia.com

Investors are still hotly pursuing German hotel assets, and are turning increasingly to project developments for lack of supply of suitable existing properties, conclude several of the bigger broker groups who track the market closley. Read more

Markets

Iris Schöberl - BMO

BMO Real Estate Partners

BMO Real Estate Partners, the former F&C REIT acquired by Canada’s Bank of Montreal group, has bought an urban development project in Mannheim in Germany. The off-market deal was part of a club deal for one of BMO's Spezialfonds. Read more

Investment

Hotel Sector

© Win Nondakowit - Fotolia.com

France's FDM Management, the recently-created dedicated hotel joint venture of REIT/SIIC Foncière des Régions and a group of institutional investors, has managed to secure two hotel portfolios in Germany, France and Belgium for an investment of... Read more

Investment