Maincubes One, Offenbach

maincubes one immobilien GmbH & Co. KG

The Singapore-listed Keppel DC REIT data centre real estate investment trust has acquired a second asset in Germany in an €81.8m deal, by buying the fully-let 50,248 sqm data centre facility in Kelsterbach, near Frankfurt Airport... Read more


Deutsche Bank - Frankfurt

Kiefer, CC BY-SA

German family-owned logistics property group Garbe Industrial Real Estate is planning to float its Logistrial property unit on the Frankfurt stock exchange as an industrial REIT, hoping to benefit from a boom in Germany's real estate market. Read more


James Seppala - Blackstone Real Estate Europe

Hembla AB

There has been considerable interest in Blackstone’s latest European mega-logistics project barely two years after it sold its previous pan-European logistics company Logicor to China Investment Corporation for €12.25bn. Read more


Jan Linsin - CBRE


Real estate investors are always on the hunt for the next ‘hot’ asset class. In their constant search for new, lucrative products, a new one has just joined the pack: data centres. Read more


Logistic business

© timstieffenhofer -

Net lease is a sector in which in- vestors are often able to secure higheryieldsthanothertypesofin- come-focused investments. W. P.Carey, a U.S.-based diversified netlease REIT with a long-standing presence in Europe, and other foreign investors... Read more

Guest Columns


© science photo -

Singapore-based CapitaLand International - the wholly-owned international business unit of one of Asia’s largest real estate firms, CapitaLand Group – is on a drive to boost its exposure to German gateway cities next year... Read more


Garden Tower

Hochhaus I Objekt S.á.r.l. & Co.KG

Investment in Germany has rocketed this year, with 70.2% of institutional investors acquiring real estate assets there, up from 46.8% last year, according to fund manager Universal-Investment’s sixth Investor Survey, published this month. Read more



Messe München GmbH

EXPO REAL will kick off again in Munich in a few days’ time. As conversations at the fair are a reliable barometer for investment in months to come, REFIRE asked some of Europe’s major players which topics we can expect to dominate this year. Read more


Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

German department stores Galeria Kaufhof and Karstadt Warenhausare to merge after Austria’s Signa Holding and Canadian retailer Hudson’s Bay Co. (HBC) agreed to form a joint venture via a new holding company, they announced this month. Read more


Alexander Hoff - Palmira

Palmira Capital Partners GmbH

Germany is the next ‘up and coming’ self-storage market, according to Russell Jordan, CEO of Self Storage Plus Germany, speaking at the TCO round table discussion in Berlin earlier this month. Read more


Karsten Jungk - Wüest&Partner

Florian Glock

The market for data centres in Germany is rapidly evolving from a niche special-interest segment to a recognized independent asset class for institutional investors. Read more


Residential Real Estate

© marqs -

Over the past five years or so the German stock market has become populated with residential property companies which have ballooned in value, much against the expectations a decade ago when residential property companies... Read more


Kaufhof - Frankfurt

GALERIA Kaufhof GmbH

Canadian retailerHudson’s Bay Co. and Austria’s property and retail group Signa Holdinghave signed a non-binding letter of intent ‘to explore a potential joint venture’, Canada’s Hudson’s Bay Co. (HBC), announced this month. Read more


Commerzbank AG

© Sabine Kipus -

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


Stuart Reid - Rockspring

Florian Glock - REFIRE

Investment manager TH Real Estate has acquired the ‘United’ portfolio comprising five retail parks for its €500m Aldomus mandate for an undisclosed sum. Read more


Peter Barkow - Barkow Consulting

Barkow Consulting GmbH

2017 is proving to be another major growth year for the German listed real estate sector, which has been growing in leaps and bounds since being viewed as the EPRA 'problem child' just a few years ago. Read more


Healthcare Properties

© Matthew Benoit -

Interest from North American REITs in German healthcare properties seems to have reached new levels over the past few months, with several focused investors known to be rooting around in Germany for suitable acquisitions. The latest to announce... Read more


Prime Office REIT AG, one of Germany’s handful of REITS which is in the process of merging with OCM German Real Estate Holding in a move which will see the company lose its REIT status, sold one of its major assets, the headquarters of the... Read more


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


Speculation is mounting in German financial circles that private equity group Cerberus is now really firming up on its plans to float its German retail property holdings before the end of this year, as we reported in a recent issue of REFIRE. Read more