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Whitehall Funds

FBC Tower - Frankfurt

Epizentrum - Creative Commons

The imminent sale of the Frankfurter Büro Centre (FBC) skyscraper, in the middle of Frankfurt's central business district, had long been flagged but several bidders were known to have still actively been involved in the auction process pretty much... Read more

Investment

Holger Hosang - Pamera Cornerstone

PAMERA Cornerstone Real Estate Advisers GmbH

Mount Kellett Capital Management, the New York-based private equity group, has bought the Astropark office complex in Frankfurt in a co-investment with asset manager Pamera Cornerstone., for an undisclosed price. Read more

Investment

LEG in North Rhine-Westphalia

LEG Immobilien AG

The Whitehall Funds of Goldman Sachs took the opportunity earlier this month to dispose of practically its entire holding of 15.2m shares or nearly 29% in LEG Immobilien AG, Germany’s fourth-largest property company by market value. Read more

Companies

Goldman Sachs' Whitehall Funds and US hedge fund Perry Capital lightended up their holdings in Düsseldorf-based housing firm LEG Immobilien earlier this month in line with their lock-up arrangements when they raised €290m by selling a further 7... Read more

Markets

MIPIM Cannes

© gianliguori - Fotolia.com

There was much talk among the German participants at this year's MIPIM in Cannes about the likely intentions of the bigger players in Germany’s frothy residential property market. Certainly a number of indicators are flagging that the recent... Read more

Markets