Ralph Winter
CORESTATE-Capital-AG
All change at CORESTATE as new acquisitions see size surge
Luxembourg-headquartered investment manager CORESTATE Capital Holding is setting up an open-ended Spezialfonds focused on German residential property, with a target volume of at least €300m. An initial €70m equity for the seed portfolio has... Read more
CORESTATE Capital AG
Corestate succeeds with long-awaited market flotation
The Luxembourg-headquarterd Corestate Capital Group finally succeeded in getting its IPO away earlier this month when shares started trading on the Frankfurt Stock Exchange on October 4th at €17.40, giving the company a market capitalisation of €219. Read more
CORESTATE Capital AG
Fresh plans for renewed possible Corestate IPO
Luxembourg-headquartered property investment manager Corestate Capital is thought to be having another stab at a public flotation, after it felt forced last year to to pull its imminent listing at the last moment, citing unfavourable market... Read more
CORESTATE-Capital-AG
Corestate buys further German highstreet retail portfolio for €115m
Luxembourg-headquartered Corestate Capital Group has made a further major retail investment in Germany with the acquisition of 31 assets on high streets in 30 mid-sized German cities across the country, including Duisburg, Limburg, Mönchengladbach... Read more
CORESTATE Capital AG
Corestate renews focus on student and micro-living segment
The Luxemburg-based private equity group Corestate Capital has been refocusing its efforts on revitalising its interests in the student housing market, a segment it first got involved in many years ago with its majority stake in listed YOUNIQ... Read more
CORESTATE Capital AG
Corestate buys further €125m of retail, business as usual
Switzerland-based Corestate Capital has shrugged off its recent aborted stock market listing, cancelled due to "a difficult environment for IPOs in Germany's stock market", to carry on with business as usual in the buying and selling of real... Read more
CORESTATE Capital AG
Corestate cancels IPO due to 'difficult market environment'
The Luxembourg-headquartered Corestate Capital had planned to fix the issue price for its impending IPO on Tuesday 3rd November, but instead decided to cancel the flotation on the Frankfurt Stock Exchange at the last minute, citing " the currently... Read more
CORESTATE-Capital-AG
Corestate Capital sells further repositioned portfolio for €83m
Switzerland-based Corestate Capital, which largely focuses on opportunistic residential real estate in Germany, continued its long series of disposals by selling a further 2,360 units – this time to a listed (unnamed) international institutional... Read more
CORESTATE-Capital-AG
Corestate sells 5,000-unit NRW portfolio to GAGFAH
Swiss real estate investor Corestate Capital said it had sold a German residential property portfolio to German listed residential firm Gagfah, for an undisclosed price. The portfolio includes around 4,960 residential units spread across several maj Read more
CORESTATE Capital AG
Back to opportunistic roots for Corestate, exits ‘core’ sector
The Zug, Switzerland-based specialist for German opportunistic real estate investment, Corestate Capital, has been muttering about the difficulties of finding new value-add opportunities for some time. It had traditionally left the field of ‘core’... Read more
EBS Universität für Wirtschaft und Recht
Germany to see lower volumes of distressed property loans – study
The extent to which German banks are currently preferring to extend their non-performing loans rather than get rid of them has risen noticeably over the past year, while fewser banks are expanding their new business in the market, concludes the... Read more
© elxeneize - Fotolia.com
Shift in strategy at Corestate to more joint ventures, club deals
The Zug, Switzerland-based private equity investor Corestate Capital joined the rather thin ranks of European fund managers exiting an industry sector in favour of a stronger operating partner, when it transferred its commercial property fund to... Read more
Corestate targeting €1bn investment, bullish on Asian inflows
Switzerland-based opportunistic private equity group Corestate Capital is gearing up for renewed investment in distressed or underperforming assets in Germany and perhaps – for the first time - further afield this year, as it continues to stitch... Read more
Corestate grabs further two distressed German portfolios
Switzerland-based opportunistic residential investor Corestate Capital recently bought a further two distressed German portfolios valued at about €150m each from two separate (and so far unnamed) sellers. Read more
REMI and EBS
Bank finance to tighten further, surge of distressed sales seen
The next two years will see a surge in the sale of distressed German real estate assets both in number and transaction volumes, while banks will increasingly be willing to dispose of their distressed real estate loans, according to a survey... Read more