Expo Real: Mixed outlook amid improved sentiment for Germany
'The mood is better than could have been expected', according to one country head
More visitors attended Expo Real – but encountered fewer companies. The trade fair organizer reported 42,000 participants and 1,742 exhibitors, compared with just over 40,000 repre...
How the year is shaping up differently for real estate in the UK, US, France and Germany
As the Expo Real property conference gets underway in Munich, here's a look at the performance of these major markets
September, traditionally the month when the real estate industry gets down to some serious work after the summer break, has come and gone. As Expo Real, the key international real ...
Deutsche Pfandbriefbank buys Deutsche Investment Group
It also made a loss after pulling out of the US
Deutsche Pfandbriefbank is acquiring the fund management company Deutsche Investment Gruppe. The latter manages almost 500 residential and commercial properties worth €3.2 billion....
Foreign investment takes bigger share of UK, French and German real estate but less in US
CoStar's teams across the globe compare and contrast the half-year investment figures
Investment across the UK, French and German commercial real estate markets has followed a similar pattern this year, with stubbornly flat figures boosted by increased interest from...
Song Capital agrees €702.5 million of German rehabilitation hospitals financing
Financing agreed for Medical Properties Trust and Praemia Reim
London-based investment firm Song Capital, and insurance investors, has refinanced a portfolio of German rehabilitation clinics for €702.5 million (£602 million).
Vonovia places €1.3 billion convertible bond issue
Issue is split into two series
Vonovia, Europe's biggest listed residential investor, has issued two series of convertible bonds, each with a volume of €650 million. They are scheduled to mature in 2030 and 2032...
Amundi Relaunches Frankfurt Office Property Sale
French Investor Replaces JLL with Black Olive
Amundi has relaunched the sale of the Schillerhaus office property in Frankfurt with a different broker, CoStar News can reveal.
Oaktree Seizes Control of Three Imfarr Properties Once Worth €2.3 Billion
Fund Manager Provided Junior Debt to Austrian Investor and Swiss Partner SN
Oaktree Capital Management has seized control of three large German properties bought by Austria’s Imfarr and Switzerland’s SN Beteiligungen Holding, CoStar News can reveal.
Science Investor ESPG Fails To Win Sufficient Support for Bond Swap
Company Now Plans To Extend Maturity by Three Years
(This article was updated on 14 July with additional information on the company's assets and liabilities in the third paragraph).
AXA Sells German Residential Portfolio to UBS for Around €60 Million
Price Equals About 27 Times Annual Rent
French insurer AXA has sold around 150 residential properties in two locations in North Rhine-Westphalia to a fund managed by UBS for around €60 million, reported Thomas Daily.
BayernLB and Deka to Finance Circa €500 Million Munich Mall Purchase
Generali and ECE Close To Completing on Acquisition From Nuveen
BayernLB and Deka are to finance the circa €500 million purchase of the PEP shopping centre in Munich, according to two sources familiar with the situation.
Hahn Agrees To Sell 13 Properties From Oceans Portfolio to Edeka
JLL Will Continue To Market Remaining Seven Assets
Hahn Gruppe has sold 13 retail properties to German supermarket chain Edeka, a spokesperson for the German fund manager and developer confirmed to Thomas Daily, a CoStar News publi...
Tristan Buys German Office and Retail Portfolio from Hansemerkur
PE Firm Believed To Have Paid Around €220 Million
Tristan Capital Partners has bought a portfolio of 15 office and retail properties in southern Germany from insurer Hansemerkur.
ZBI Buys German and Dutch Residential Portfolio From Catella for Around €750 Million
The Properties Produce Around €30 Million in Annual Rent
ZBI Group said it has bought a large portfolio of residential properties in Germany and the Netherlands.
Ivanhoé Cambridge Buys H&M's Hamburg Distribution Centre
Circa €170 Million Deal Marks First Logistics Purchase in Germany
Ivanhoé Cambridge has bought H&M’s 114,760-square-metres logistics centre in Hamburg. The Canadian investor did not disclose how much it paid for its first logistics purchase in Ge...
Domicil Real Estate Buys German Residential Portfolio from Swiss Life for Around €350 Million
Domicil Real Estate Has Bought 2,535 Residential Units in 20 German Cities.
Domicil Real Estate has bought 2,535 German residential units from Swiss Life.
Blackstone Sells Google-Leased Office in Hamburg for €150M
BVK Buys 158,767-Sq-Ft Office Asset Leased to Tech Giant Until 2026
Blackstone has sold the 11-story ABC-Bogen building in Hamburg to BVK for €150M, according to CoStar News sister publication Thomas Daily.
Leading agencies and investors pull out of Expo Real
CBRE, Savills, JLL, Cushman, Avison Young, EY and ABG all not going to leading Munich CRE trade fair due to pandemic
CBRE, Cushman & Wakefield, JLL, Avison Young and Savills have all confirmed they will not be attending this year's Expo Real trade fair, which is slotted to take place as it always...