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Spezialfonds

Henri Vuong - INREV

INREV

INREV’s German Vehicles Annual Index 2018 recorded a ten-year high for non-listed real estate performance in Germany, with total returns of 4.29% over 2017, up from 2.68% the previous year. more

Markets

Funds, numbers and ratings

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Inflows to German property funds in the first quarter of 2018 outstripped the 10-year average by €7bn to total €38bn, according to the German Investment Funds Association, the BVI this month. more

Markets

Henri Vuong - INREV

INREV

German funds are increasingly sluggish against a backdrop of a slow-growth world, according to INREV’s German Vehicles Quarterly Index for 4Q 2017 published this month, which shows an overall slowdown in performance across 193 vehicles. more

Markets

Matthias Thomas - INREV

Wertgrund

As we reported in these pages recently, the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) INREV was now imminently launching its new indices for German non-listed real estate vehicles, which it developed in... more

Markets

Sebastiano Ferrante - Pramerica

Pramerica Real Estate International AG

We reported back in October last year that the Chinese group Gingko Tree Investment Ltd. was in talks to buy a huge Munich office park in the south-west of the city. The park consists of 37 buildings with 425,000 sqm of gross lettable space, along... more

Investment

Stephan Bone-Winkel - BEOS

BEOS AG

The Berlin-based BEOS, which develops and manages mixed-use light industrial properties throughout Germany, has just bought a further three assets for its second Spezialfonds, the BEOS Corporate Real Estate Fund Germany II. more

Investment

Study, Report

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It is easy to forget how radically the landscape of the German real estate industry has changed over the past ten years, and how the structure of capital flows has adapted to the growing array of investment options offering exposure to the various... more

Markets

Increase numbers figures

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REFIRE bumped into the top brass of Munich-based F&C REIT Asset Management at the MIPIM recently, and we must admit we felt a little sheepish as they listed all the deals they had done last year, which perhaps we hadn’t fully registered. more

Investment

Hessisches Ministerium für Wirtschaft, Verkehr und Landesentwicklung

CA Immo

We reported some months ago in REFIRE that the Augsburg-based listed property investor Patrizia Immobilien AG came up short of their projected full-year figures, as one of their major deals had yet to be inked. The group had to revise its profit... more

Companies

Investment Portfolio

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News from Swedish investors in Germany highlight how the Nordic country’s leading investors are expanding their footprint across both the residential and the commercial sectors. Residential investor Akelius invested over €270m last year in... more

Investment

NH Düsseldorf City Nord

NH Hoteles Deutschland GmbH

There has been a lot of movement at European fund management business Internos Global Investors over the past few months, so much so that we decided to visit Paul Muno, head of Internos’s burgeoning German operations, to learn more about what was... more

Companies

IPD/BVI German Quarterly Spezialfonds Index

IPD Investment Property Databank GmbH

Returns for German institutional property funds in the third quarter were 0.1%, according to the IPD/BVI German Quarterly Spezialfonds Index (SFIX). Funds invested in Germany significantly outperformed European allocated funds, while at a sector... more

Markets

German logistics real estate

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Several reports coming in from the various property brokerage groups seem to underscore that the logistics real estate sector in Germany is enjoying a boom, with this year’s transaction volume already ahead of all of last year’s, and practically... more

Markets

Andreas Hardt, Valad

Valad

Multi-let real estate investment manager Valad Europe has shifted the weighting of its new diversified fund to favour Germany over the UK, although it had originally planned a 60:40 allocation for the UK. It has now raised €180m in equity fort he... more

Investment

Dortmunder U

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Property investment manager Cordea Savills launched its first German Spezialfonds for institutional investors earlier this month. Cordea Savills Real Invest 1 raised €65m in equity at its first closing from a group of German insurance companies... more

Investment

Hessisches Ministerium für Wirtschaft, Verkehr und Landesentwicklung

CA Immo

In the biggest commercial real estate transaction in Germany this year, Augsburg-based Patrizia Immobilien is buying 36 German office properties valued at about €800m from Austria’s listed CA Immobilien. ... more

Markets

Logo iii-Investment

Internationales Immobilien-Institut GmbH

While Spezialfonds initiators like Real I.S. are gearing up to train their firepower on a host of new investment targets, across town in Munich at iii-Investments, Germany’s second-largest real estate Spezialfonds company, top management is saying... more

Companies

Logistic funds

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Cross-border European real estate investment in the logistics sector has risen by a whopping 22% in the first six months of this year, and the heightened interest in the sector is set to be reflected in a number of logistics-oriented discussions... more

Companies

UK property fund and asset manager F&C Reit Asset Management is all set to start buying new assets for it Best Value Germany II (BVG II) Spezialfonds. The first closing was at the end of July, but the Munich-based German company did not divulge... more

Investment

Hotel Real Estate Fund

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Fresh from its recent takeover of Commerz Real’s Spezialfonds business in Germany, which we reported on in a recent issue of REFIRE, fund management business Internos Global Investors said it made its second closing with €210m of equity for its... more

Markets