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Reuters

Dreieich Nordpark

MEC METRO-ECE Centermanagement GmbH & Co. KG

German listed retail group Metro AG is looking to again sell off its retail subsidiary Real, along with a sizeable property portfolio, as it retreats back to being a classical wholesaler. Read more

Companies

Evonik Industries AG in Essen

Evonik Industries AG

Germany has sold most of its remaining stake in pbb Deutsche Pfandbriefbank, 10 years after bailing out the property lender’s former parent Hypo Real Estate (HRE). Among those taking up part of the placement of the state's stake in the lender is Germ Read more

Companies

HSH Nordbank

HSH Nordbank

It's down to just two contenders to buy the ailing state-owned HSH Nordbank as the protracted bidding process heads into its final phase, with the bank agreeing to exclusive talks with potential buyers J.C. Flowers and Cerberus in a joint bid. Read more

Companies

Sold, Deal

© pfpgroup - Fotolia.com

Swedish buyout group Nordic Capital is buying Alloheim, Germany’s second-largest nursing home operator, for about €1.1 billion including debt, from the Carlyle Group. Nordic Capital said it intended to support Alloheim’s management... Read more

Companies

Sascha Wilhelm - CORESTATE

CORESTATE Capital AG

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

Companies

Flughafen Frankfurt-Hahn

Flughafen Frankfurt-Hahn / Thomas Frey

After several weeks of speculation, the new buyer of the loss-making Frankfurt Hahn Airport was revealed to be the Chinese construction company Shanghai Yiqian Trading Company, for a sum said to be in the "low double-digit million euro range." Read more

Investment

Schuldschein

fotografin - Fotolia.com

Germany's first and original REIT, the Hamburg-based alstria Office REIT AG, has placed its first 'Schuldscheindarlehen', or unsecured promissory note with a total volume of €150m. This is the first time that a listed German real estate company... Read more

Companies

A comprehensive report published by Reuters crossed our desk last week, dealing with the extent to which the major German banks are still grappling with their need to shed a massive €637 billion of unwanted assets – including shipping loans and... Read more

Markets