Real Estate in Germany
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Real Estate in Germany
alstria is the largest German office REIT. We will scoop information relevant for our markets and your interest
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Germany's I REIT Global Said to Plan $300 Million Singapore IPO - Bloomberg

Germany's I REIT Global Said to Plan $300 Million Singapore IPO Bloomberg I REIT Global Management, backed by office buildings in Germany, is preparing an initial public offering in Singapore that may raise about $300 million, people with knowledge...
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IVG confirms €200m acquisition of Metro’s global HQ

IVG confirms €200m acquisition of Metro’s global HQ | Real Estate in Germany | Scoop.it
German real estate group IVG Immobilien has confirmed the acquisition of retail conglomerate Metro Group’s global HQ campus in Düsseldorf for €200 mln in a sale-and-leaseback deal, as tipped by PropertyEU.
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German Metro sells Düsseldorf HQ to IVG fund for €200m

German Metro sells Düsseldorf HQ to IVG fund for €200m | Real Estate in Germany | Scoop.it

Giant German retail group Metro has sold part of its headquarters in Düsseldorf in a sale- leaseback for around €200m to a fund managed by German group IVG on behalf of a German institutional investor

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German balandis to liquidate funds, seeks AM platform buyer

German balandis to liquidate funds, seeks AM platform buyer | Real Estate in Germany | Scoop.it

Stuttgart-based listed balandis real estate has proposed liquidation of 17 closed-end property funds it took over early this year as a seed portfolio, with around €400m in German assets

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German LBBW says provided €1bn finance for Patrizia’s Leo buys

German LBBW says provided €1bn finance for Patrizia’s Leo buys | Real Estate in Germany | Scoop.it

Stuttgart’s landesbank LBBW has revealed it was the sole lender to Augsburg-based Patrizia’s acquisitions in the last 18 months of the €1.8bn Leo I and II office portfolios leased to the state of Hesse - providing close to €1bn in loans for the two separate deals.

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DEAL - Magazine | Real Estate | Investment | Finance

DEAL - Magazine | Real Estate | Investment | Finance | Real Estate in Germany | Scoop.it

90 Jahre Chilehaus - über 90 Prozent vermietet. Mit gleich drei Mietvertragsabschlüssen macht die Eigentümerin Union Investment sich selbst und den Anlegern des UniImmo: Deutschland zum diesjährigen Jubiläum das größte Geschenk

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French Paref raises fundraising for German property SCPI

French Paref raises fundraising for German property SCPI | Real Estate in Germany | Scoop.it

French Fund manager Paref Gestion has raised fundraising target for its SCPI fund focused on German property after strong initial demand. It now targets a capitalisation of €175m for the Novapierre Allemagne fund

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DEAL - Magazines | Brockhoff verkauft für DIC Büro- und Geschäftshaus in Leipziger Toplage

DEAL - Magazines | Brockhoff verkauft für DIC Büro- und Geschäftshaus in Leipziger Toplage | Real Estate in Germany | Scoop.it

Im Alleinauftrag hat die Brockhoff & Partner Immobilien GmbH aus Essen ein repräsentatives sechs geschossiges Büro- und Geschäftshaus in erstklassiger Lage in der Leipziger Hainstraße für die DIC Asset AG (Frankfurt am Main) an die Aachener Grundvermögen-Kapitalanlagegesellschaft mbH (Köln) verkauft

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Pbb issues €500m mortgage Pfandbrief

Pbb issues €500m mortgage Pfandbrief | Real Estate in Germany | Scoop.it
German lender Pbb Deutsche Pfandbriefbank has placed a €500 mln five-year benchmark mortgage Pfandbrief with a coupon of 1%.
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DEAL - Magazine | Corpus Sireo soll verkauft werden

DEAL - Magazine | Corpus Sireo soll verkauft werden | Real Estate in Germany | Scoop.it
Laut verschiedenen Medienberichten will sich die Sparkasse KölnBonn als Haupteigentümerin offenbar von ihrer Immobilien-Tochter Corpus Sireo, mit Hauptsitz in Köln, trennen
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"Nous sommes les premiers en France à entreprendre une telle initiative"

"Nous sommes les premiers en France à entreprendre une telle initiative" | Real Estate in Germany | Scoop.it
Fin janvier, Paref a lancé Novapierre Allemagne, SCPI d'investissement en immobilier commercial qui vise 100 M€ de collecte d'ici 2018. Thierry Gaiffe, directeur général de Paref Gestion, nous détaille la genèse du projet, ainsi que ses ambitions à moyen et long termes.
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Mid East-backed AGC said paying €230m for Düsseldorf tower

Mid East-backed AGC said paying €230m for Düsseldorf tower | Real Estate in Germany | Scoop.it

German property conglomerate Zech Group has sold the Vodafone Tower and an adjoining office building in Düsseldorf’to AGC Equity Partners, a UK-based firm backed by Middle-East capital. The purchase price was not disclosed but market participants place it at around €230m.

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Credit Suisse plans to step up German property investment

Credit Suisse plans to step up German property investment | Real Estate in Germany | Scoop.it

Swiss banking group Credit Suisse plans to place fresh capital into German commercial real estate, including value-add assets, this year despite the ongoing liquidation of its open-ended fund CS Euroreal

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alstria office REIT-AG Blog: This time it is different

alstria office REIT-AG Blog: This time it is different | Real Estate in Germany | Scoop.it
It has been a while since I have not written anything on alstria's blog. I started from time to time, but never get to finish the work. This morning however, when I read the piece about the German real estate, that was featured in ...
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German publity buys Offenbach tower from Morgan Stanley

German publity buys Offenbach tower from Morgan Stanley | Real Estate in Germany | Scoop.it

Leipzig-based property investor publity has bought the City Tower office in Offenbach near Frankfurt out of loan servicing from Morgan Stanley. No price was disclosed but the high-rise was originally developed for €100m

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German SEB unit starts to liquidate €1.2bn open fund

German SEB unit starts to liquidate €1.2bn open fund | Real Estate in Germany | Scoop.it

German SEB Asset Management, a unit of the Swedish banking group, has started liquidating the €1.2bn open-ended SEB ImmoPortfolio Target Return Fund, saying about half of investors wanted to redeem due to changes in legislation.

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German property values continue 1Q climb across board – vdp

German property values continue 1Q climb across board – vdp | Real Estate in Germany | Scoop.it

German property values across all sectors rose 4.3% in first quarter, with especially strong performance of apartment buildings, driven by strong rental growth, and office, says the Association of German Pfandbrief Banks vdp. 

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German Prime Office in €124m pro-forma loss, to change name

German Prime Office in €124m pro-forma loss, to change name | Real Estate in Germany | Scoop.it

German listed group Prime Office reported a pro-forma 2013 net loss of €124m in the wake of its merger with OCM Germany but funds from operations remained positive at €42m, and it sees a higher 2014. The firm will change its name in May to DO Deutsche Office.

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German TAG exits commercial RE with €297m asset sale to Apollo

German TAG exits commercial RE with €297m asset sale to Apollo | Real Estate in Germany | Scoop.it

Hamburg-based listed property group TAG has sold the remainder of its commercial real estate portfolio to US investment manager Apollo in a share deal valued at €297m, including assumed loans of €167m. TAG said it will retain a 20% holding in the selling entity

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Creditors approve IVG insolvency plan

Creditors approve IVG insolvency plan | Real Estate in Germany | Scoop.it
Germany's IVG Immobilien will be placed in the hands of its creditors after they and the company's shareholders approved an insolvency plan envisaging the exchange of debt for equity.
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German IVG key meeting likely to approve substantial break up - blog

German IVG key meeting likely to approve substantial break up - blog | Real Estate in Germany | Scoop.it

German property group IVG, after a key meeting today, looks likely to be broken up and reduced to its €4bn in balance sheet assets, selling fund management, The Squaire at Frankfurt Airport, its half of the London 'Gherkin' and possibly the caverns, writes PIE Managing Editor Allan Saunderson in a blog

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German DIC Asset profit up a third, tougher lettings year ahead

German DIC Asset profit up a third, tougher lettings year ahead | Real Estate in Germany | Scoop.it

Frankfurt-based DIC Asset reported a 36% rise in net profit to €16m with funds from operations almost unaltered at €46m. It expects FFO to rise to €47m-€49m this year but says the lettings environment will be tougher due to a number of lease expiries.

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Patrizia's €1bn Leo I buy completes rejig as key German mgr-blog

Patrizia's €1bn Leo I buy completes rejig as key German mgr-blog | Real Estate in Germany | Scoop.it

The success of Germany's Patrizia last week in adding Hesse state's €1bn Leo 1 portfolio to its earlier Leo 2 acquisition - on top of two huge housing packages in the last 24 months - involved bringing together 70 institutions and has transformed it into one of the nation's most important investment and asset managers

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German Deka buys €115m Munich office from IVG

German Deka buys €115m Munich office from IVG | Real Estate in Germany | Scoop.it

German fund manager DekaBank, the country’s largest property manager, has bought an office complex in Munich for €115m from a fund managed by Germany’s listed IVG, the Premium Green Fund.

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DIC Asset raises another €25m with corporate bond

DIC Asset raises another €25m with corporate bond | Real Estate in Germany | Scoop.it
German listed property firm DIC Asset said on Tuesday that it will raise the volume of its corporate bond issued in July by up to €25 mln, increasing the total volume of the bond to up to €100 mln.
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