Business Immo, the real estate website

Hamburg's Garbe wins AM mandate for €500m Dutch retail/offices

New investment manager Garbe Institutional Capital, based in Hamburg, has won a fund and asset management mandate for an office and retail portfolio in (...)

On record

Why we acquired the SNCF/Vesta housing portfolio

Frédéric Bôl, Swiss Life Asset Managers & Vincent Mahé, CDC Habitat/Ampère Gestion

Mayor Hidalgo eyes pedestrianisation of central Paris after 2020

Anne Hidalgo, the Socialist mayor of Paris, aims to pedestrianise the centre of the French capital if she runs and is re-elected in the next city elections in (...)

German capital faces stiffer competition for CEE real estate - CBRE

German property funds have in recent years been among the biggest investors in Poland and central Europe, with around 15% market share. But competition (...)

Helaba Invest buys Beos Corporate Fund Germany for over €500m

Helaba Invest, a unit of German savings bank Helaba, has paid over €500m to acquire the open-end AIF Beos Corporate Real Estate Fund Germany I, holding (...)

Berlin's Hotel Adlon fund returns 4.54%, land price rises 10-fold

The fund owning Berlin's prestigious Hotel Adlon opposite the Brandenburg Gate, returned 4.54% for last year while the price of land it occupies has soared nearly (...)

NorthStar sells Frankfurt Trianon for €670m to South Korean investors

US-based NorthStar Realty has sold the 68,000 sqm Trianon iconic office skyscraper in Frankfurt for €670m to a South Korean consortium made up of IGIS and (...)

Germany's Aareal in €447m credit for Sweden's Pandox hotel portfolio

Wiesbaden-based Aareal Bank has provided a five-year financing of €447m for a European hotel portfolio managed by Swedish hotel property company Pandox. The portfolio comprises 14 (...)