Business Immo, the real estate website

Berlin housing demand brings boom in outskirts, innovative solutions

Because Berlin new-build housing continues to lag demand, more residents are looking toward the 'gravy belt' communities, while developers introduce innovative topping-up solutions. In a (...)

Deutsche Wohnen FFO up 11% to €479m, ends 2018 with 167,000 units worth €22bn

Germany's Deutsche Wohnen reported a near-11% surge in 2018 funds from operations to €479.4m, ending with 167,000 residential units valued at over €22bn. The group, (...)

US Hines launches new German logistics strategy targeting €400m

US-based global real estate investor Hines is launching a new investment strategy in logistics in Germany, in which it intends to invest €400m over (...)

BlackRock acquires Paris Proptech firm eFront for $1.3bn

Paris-based Proptech firm eFront, which offers technology solutions for managing alternatives' investments, has been acquired by US investment giant BlackRock for $1.3bn. The French firm, one of the (...)

Credit Suisse, advised by Belvedere, buys Paris La Défense office from Primonial

Zurich-based Credit Suisse Asset Management has acquired the Le Lavoisier office building in Paris La Défense from French manager Primonial REIM. No price was (...)

Ireland's Greenman pays €143m for 33 German supermarket retail assets

In two separate deals with a combined value of €143m, Irish retail fund manager Greenman is acquiring 33 German properties anchored by the supermarket (...)