Thomas Landschreiber
CORESTATE-Capital-AG
CORESTATE makes further move into serviced apartment segment
Luxembourg-headquartered and German-listed CORESTATE Capital has been entering new business segments on what seems like an almost quarterly basis for so long now that we shouldn’t be surprised to hear about the group’s latest thrust into... Read more
CORESTATE-Capital-AG
Major JV move into co-living sector by Corestate, Medici
Frankfurt-listed Corestate Capital Holding and Berlin-based co-living service provider Medici Living have agreed to invest €1bn of equity and debt in the fast-growing European co-living sector over the next three to five years. Read more
CORESTATE-Capital-AG
Co-living climbs the charts
Co-living is becoming one of the most sought-after asset classes in Germany as investors tap into popular demand for high-tech accommodation in some of the country’s most burgeoning cities. Read more
Messe München GmbH
EXPO REAL 2018: which topics will keep the halls buzzing?
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
CORESTATE-Capital-AG
Corestate doubles revenue, profit; boosts AUM by €1bn
The Frankfurt-listed Corestate Capital boosted its revenue to €125.8m in the first half of the year, while pushing group earnings up from €22.8m to €60.8m. Assets under management rose by more than €900m to about €22bn. Read more
CORESTATE-Capital-AG
BVK funds buy more German residential, Austrian retail
Barely a month goes by without another initiative from BVK Bayerische Versorgungskammer, Germany's largest public sector occupational pension fund, which has notably increased its exposure to real estate globally over the past few years. Read more
CORESTATE-Capital-AG
Corestate divests €432m club deal development project in Vienna
Corestate Capital Holding, a Luxembourg-based investment manager and co-investor, has divested a club deal investment in a €432m development project in Vienna. Read more
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
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 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 joins Soravia in €430m Vienna housing JV
Swiss-based private equity group Corestate Capital is joining forces with Austrian developer and investment firm Soravia Group to develop four high-rise buildings in Vienna representing a total investment volume of €432m. 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
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German distressed real estate debt on the rise
The amount of distressed debt in Germany’s real estate sector is set to rise modestly, largely as a result of postponed transactions in the recent past, concludes the annual “Survey on Real Estate Financing and Distressed Real Estate Debt in Germany” 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
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Corestate sells €135m repositioned German residential portfolio
Independent Switzerland-based private equity group Corestate Capital said earlier this month that it had completed the sale of a German residential property portfolio for about €135m to various institutional and private investors in what it... Read more
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Corestate in early repayment of €122m to Hatfield Philips
The Zug, Switzerland-based private equity group Corestate Capital has repaid a securitised loan of €121.5m to UK loan servicer Hatfield Philips nine months ahead of its due maturity after firstly repositioning, and then selling, the underlying... Read more
Corestate sells mixed-use German portfolio for €250m
The Zug, Switzerland-based real estate investor Corestate sold a German mixed-used portfolio earlier this month for €250m to a number of unnamed German institutional buyers. The deal followed the classical Corestate path of opportunistically buying.. Read more