Börse Frankfurt

© Christian Colista -

Grand City Properties, the fast-growing Luxembourg-based investor in German residential housing, successfully placed a €500m 7-year secured bond with a coupon of 2.0% this week, targeting the proceeds at the buyback of an earlier €350m bond paying... Read more


Residential Properties

© S. Engels -

The Berlin-based Grand City Properties said that demand for its 6.25% €100m corporate bond, issued in a private placement with European institutions in June, was so strong that it is increasing the size by a further €100m, and plans to use the... Read more


It is notoriously difficult to get a clear answer to the question of whether there is a ‘credit crunch’ or not in the financing of German real estate. The answer nearly always depends on the borrower, the asset to be financed... Read more


WGF AG Hotelprojekt Essen Osramhaus


It’s not looking good at all for the many thousands of private investors who bought bonds in the Düsseldorf-based WGF AG, which filed for insolvency last week two days prior to repaying one of its bonds. Read more


Management members at the Düsseldorf-based WGF AG talk with REFIRE about the company's hotel conversion project in Essen, and the key role that project development is playing in the company's future. Read more