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Vonovia

Michael Zahn

DEUTSCHE WOHNEN

The shortage of affordable housing in Germany, particularly in the bigger cities, has helped to push up profits at Deutsche Wohnen, the country’s second-biggest listed residential property company. more

Companies

Berlin

© JFL Photography - Fotolia.com

Germany’s residential market is becoming increasingly differentiated as interest in the sector heats up, Dr. Konstantin Kortmann, head of residential investment at JLL Germany, told REFIRE. more

Markets

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

Shareholders of listed real estate businesses CA Immo and Immofinanz have rejected approaches from Starwood Capital to take stakes in both companies, taking the view that a more lucrative deal will be available elsewhere. more

Companies

Rolf Buch - Vonovia

Vonovia SE

Shareholders representing more than 50% of voting rights including call options have accepted Vonovia’s $1.08 billion cash offer for Swedish counterpart Victoria Park, Germany largest real estate company said earlier this month. more

Investment

Rolf Buch - Vonovia

Vonovia SE

Germany’s biggest residential landlord, Vonovia, has outbid Starwood Capital to offer around €900m for a stake in Swedish residential group, Victoria Park, thereby cementing the latest step in its strategy to grow the business outside Germany. more

Companies

Frankfurt

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Austrian property group CA Immo has rejected a partial takeover offer by US investment firm Starwood Capital Group, it said last week. more

Companies

EPRA 2015 - Berlin

Joke Emmerechts/EPRA

It's now more than ten years since the German real estate industry was in a collective tizzy about the new forthcoming REITS legislation. more

Markets

Michael Zahn

DEUTSCHE WOHNEN

German house prices are on the up again, rising by 5.5% on average last year, according to Postbank’s Housing Atlas 2018, published this month. more

Markets

Commercial Property

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German-Austrian BUWOG Group has acquired a residential and commercial real estate portfolio in northern Germany from several unnamed international institutional investors for an undisclosed sum. more

Investment

Rolf Buch - Vonovia

Vonovia SE

Germany's largest residential property company Vonovia is buying Austrian rival BUWOG in a cash deal which values BUWOG at €5.2b. The move will see Vonovia increase its housing stock from 350,000 to 400,000 units, and give it valuable access... more

Companies

Rolf Buch - Vonovia

Vonovia SE

Germany's largest residential property owner, the Bochum-headquarter listed Vonovia, and the French group SNI have agreed to a partnership to “merge know-how and market expertise and identify common opportunities for growth and investment”. more

Companies

Philip Grosse - Deutsche Wohnen

Deutsche Wohnen AG

Germany’s second largest listed landlord Deutsche Wohnen has reported consolidated group profit of €672m in the first half of 2017, up from €647.2m in the same period last year, it announced in August. more

Companies

Rolf Buch - Vonovia

Vonovia SE

Germany's biggest residential landlord Vonovia has reported an increase in core profit (FFO 1) of 18% to €457.7m in the first half of 2017, it announced this month. Vonovia attributes the growth to its billion-euro investment program and organic... more

Companies

Rolf Buch - Vonovia

Vonovia SE

As it gets ever more difficult to find residential portfolios at the right price, the larger players are looking at creating their own new stock of housing, and benefiting from the extra margin accruing to developers in Germany's bubbling housing... more

Companies

Andreas Segal - Deutsche Wohnen AG

Deutsche Wohnen

Listed German-Austrian full-service housing provider BUWOG will next week conclude a cash capital increase by offering a total of up to 12.5 million Buwog shares with a subscription ratio of 1:8. more

Companies

Philip Grosse - Deutsche Wohnen

Deutsche Wohnen AG

Germany's second-largest publicly listed residential property company Deutsche Wohnen reported a strong start to the year with an increase in most of its key perfromance indicators, and confirmed its forecast for the full year, independent of any... more

Companies

Andreas Dombret - Bundesbank

Deutsche Bundesbank

Is a German property bubble on the cards? Germany’s central bank (Bundesbank) seems to think so and sounded an alert earlier this month, citing low interest rates and banks chasing yields. more

Markets

Michael Bickford - Round Hill Capital

Round Hill Capital LLC

The UK-based private equity group Round Hill Capital has kicked off a new strategy of investing in German residential housing by buying a portfolio of 114 units in Hamburg, the first in what it says will be a string of investments in 15 German... more

Investment

Germany Euro

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As we reported here in REFIRE back in November last year, Germany edged ahead of the UK as Europe's most active real estate investment market in last year's third quarter for the first time since 2012. Fresh research from Real Capital Analytics... more

Markets

Christian Schulz-Wulkow - EY

Ernst & Young GmbH

Demand for German real estate will remain high through 2017, led by the search for good office space in Berlin, Stuttgart, Hamburg and Munich – while in the residential sector, Frankfurt will see the strongest demand, according to the latest Real... more

Markets