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DWS GROUP - DEUTSCHE BANK AG

Investment fund - Investment company / Asset management - Fund management

Last update May 27, 2019 | Report an error

Stéphane Begue

Senior asset manager France & Belux

Pierre Cherki

Member of the Executive Board

Morgan Derrien

Asset manager France & Belux

Cédric Dujardin

Head of Real Estate France & Belux

Caroline Evain

Senior Asset Manager France and Belux

Ariane Meer

Développement et arbitrage

Katia Nait-Bouda

Asset Manager France

Chiara Randazzo

Responsable de l’investissement France et Belux

Virginie Walckenaer

Responsable asset management France, Belux

Thierry Wargnier

Debt Originator

Office

Germany’s DWS pays €228m for Amsterdam Rivierstaete office asset

In the year's largest single asset deal the Netherlands, Germany's DWS, the asset manager of the Deutsche Bank group, has paid €227.7m to acquire the 30,000 sqm Rivierstaete office (...)

Finance

"France is clearly one of HMC’s main target markets"

Business Immo: Who is Harbert Management Corporation? Eric Desautel: Harbert Management Corporation is an independent investment company based in the southern United States. It operates in three areas: (...)

Housing

Deutsche's partly-floated DWS invests €266m in Dutch residential

DWS, the former Deutsche Asset Managment partly floated by Deutsche Bank in March, has paid €265.6m for 12 Dutch residential properties for its institutional funds. The group, which last (...)

Logistics

Deutsche's DWS makes €150m French logistics acquisitions

DWS, partially floated on the stock exchange in March by Germany's Deutsche Bank, has invested around €150m in French logistics properties, one located in the Loire Valley, (...)

Investment

Spring Global Real Estate Strategic Outlook - March 2018

First, due to stable employment growth we expect to see sustained tenant demand for property. Second, inflation-adjusted or “real” interest rates are not only low if (...)

Investment

Europe Real Estate Strategic Outlook - February 2018

In just a year, a continent once racked by uncertainty is riding high on a wave of confidence. Businesses are hiring, consumers are spending, exports are (...)

Investment

Asia Pacific Real Estate Strategic Outlook - February 2018

Macroeconomic conditions in Asia Pacific saw a significant recovery in 2017, supported by the stronger-than-expected cyclical upturn in global trade conditions since the latter part of (...)

Investment

France Real Estate Strategic Outlook - March 2018

The French economy has started to fire on all cylinders following the election of Emmanuel Macron. With this momentum set to be sustained, our outlook for (...)

Investment

Europe Real Estate Strategic Outlook - February 2018

In just a year, a continent once racked by uncertainty is riding high on a wave of confidence. Businesses are hiring, consumers are spending, exports are (...)

Investment

Japan Real Estate - Q1 2018

Japan’s real GDP growth was estimated at around the mid one percent range in 2017, with similar growth expected to continue in 2018. Exports and private (...)

Investment

Regional Economic Maps - december 2017

The report provides a graphical representation of the latest economic conditions and near-term outlooks for the United States, Europe and Asia Pacific. The global economy continues (...)

Logistics

European Urban Logistics: When, Where and How

Consumer habits are changing. Whether it be fast food or fast fashion, in-store or online, the ability to receive goods in an ever shorter and more (...)

Investment

2017 Autumn Global Real Estate Strategic Outlook

In the spring, we expected global growth to accelerate to 3.5% for 2017 vs. 3.1% in 2016, spurred by low interest rates, healthy household balance sheets (...)

Investment

Japan Real Estate - Q4 2017

A strong corporate sector and recovering consumer spending continued in the third quarter of 2017, as Japan’s real GDP growth was estimated at around the mid (...)

Investment

2017 Mid-Year Europe Real Estate Strategic Outlook

Looking out at the start of this year, the European landscape was beset with hurdles. Elections in the Netherlands and France, concerns over the Italian banking (...)

Investment

France Real Estate Strategic Outlook - september 2017

The elections results in April and May have alleviated investors’ concerns over a deterioration in the French property market. Although we have maintained a neutral-to-overweight call (...)

Investment

Japan Real Estate - Q3 2017

Macro Economy: Japan’s real GDP growth was estimated to be around 1.1% in the second quarter of 2017 with a healthy corporate sector and exporting industry (...)

Investment

Regional Economic Maps - june 2017

Global Economy is Gaining a Firmer Footing in 2017 - Political and policy uncertainty in some advanced economies remains a big question mark. Source : Deutsche Asset Management (...)

Health / Senior

Medical Office: A Value Proposition for Today’s Real Estate Portfolio

As we enter a pause in the cycle where the pace of expansion in the office market has slowed from peak momentum, traditional investment opportunities begin (...)

Investment

Property Performance Monitor - Q1 2017

Unlevered total returns to core commercial real estate measured by the NCREIF Property Index (NPI) slipped to 7.3% (trailing four quarters) in the first quarter of (...)

Investment

Japan Real Estate - Q2 2017

Macro Economy: Japan’s real GDP is estimated to have grown around 1.3% plus in the first quarter of 2017, with a healthy corporate sector and exports (...)

Investment

Global Real Estate Strategic Outlook

We are pleased to share our 2017 Global Real Estate Strategic Outlook where we explore investment opportunities globally through the lens of different investors, providing some (...)

Investment

Asia Pacific Real Estate Strategic Outlook

Macroeconomic conditions in Asia Pacific moderated in 2016, as headwinds remain in light of tapering growth in China and fragile trade activities in the region. Volatility (...)

Investment

Europe Real Estate Strategic Outlook

European real estate has provided investors with exceptionally high levels of return over the past few years. However, we are now seeing signs that the market (...)

Investment

U.S. Real Estate Strategic Outlook - Q3 2016

2016 was a strong year for U.S. commercial real estate (CRE). For the most part, demand continued to outstrip supply, pushing vacancy rates lower and rents (...)

Investment

Japan Real Estate - Q1 2017

The stronger currency exchange rate unwound following the U.S. presidential election in November 2016, with the stock market rallying accordingly. Real GDP is now expected to (...)

Investment

Regional Economic Maps

The U.S. labor market has been one of the brightest spots in a long recovery marked by sluggish growth. GDP advanced at a 3.2% clip in the (...)

Office

U.S. Office Market Snapshot - Q3 2016

Third quarter U.S. office market velocity showed some retrenchment, suffering from seasonal slowdown coupled with the economic uncertainty clouding the start of the year. The CBD underperformed, (...)

Retail

U.S. Retail Market Snapshot - Q3 2016

Consumer Confidence declined in October after two consecutive months of increases according to the Confidence Board1. The index retreated from the 103.5 reading in September to (...)

Logistics

U.S. Industrial Market Snapshot - Q3 2016

U.S. industrial market continued on its extraordinary run in the third quarter, building on three and a half very strong years. Low and declining availability rates, (...)

Housing

U.S. Apartment Market Snapshot - Q3 2016

U.S. apartment market fundamentals experienced continued moderation in the third quarter, further signaling that the market has entered its maturation phase. Unlike in earlier stages of (...)

Investment

Property Performance Monitor - Q3 2016

Total returns to private equity real estate decelerated in the third quarter 2016, slipping to 9.2% (trailing four quarters) from 10.6% in the second quarter and (...)

Investment

U.S. Real Estate Strategic Outlook

U.S. commercial real estate performed exceptionally well in 2015. Although economic growth was moderate, job creation, a more important driver of real estate, had its second (...)

Investment

Real Estate - Impact of U.S. Election

With Trump’s election victory, the policy backdrop for the economy and commercial real estate will likely change. Although the time frame and degrees of change are (...)

Retail

U.S. Retail Market Snapshot - Mall Report

Consumer Sentiment remained steady at 89.8 in September according to the University of Michigan. Meanwhile, the Conference Board Consumer Confidence Index® increased in September to a (...)

Investment

Japan Real Estate - Q4 2016

The unfavourable currency exchange rate remains a drag on the Japanese manufacturing and high street retail sectors with this trend intensifying following the “Brexit” vote at (...)

Office

The Evolution of Office Space Utilization in the U.S.

Today’s U.S. office market is a vastly different one than prior to the financial crisis. In the eight years that have passed since the start of (...)

Investment

U.S. Real Estate Strategic Outlook: Mid-Year Review

The U.S. economy and financial markets have absorbed a series of mini-shocks over the past year, including a Chinese slowdown, slumping commodity prices, a soaring dollar, (...)

Investment

Europe Real Estate Strategic Outlook: Mid-Year Review

We have upgraded our total return outlook for the European real estate market. While this may seem at odds with the recent result of the U.K. (...)

Investment

Asia Pacific Real Estate Strategic Outlook: Mid-Year Review

Macro economic conditions in Asia Pacific moderated in the first half of 2016, as headwinds remain in light of tapering growth in China and fragile trade (...)

Investment

Japan Real Estate - Q3 2016

External concerns over China’s slowdown and the possible impacts from the U.K.’s referendum to leave the European Union (EU) could cause a further lull in Japan’s (...)

Investment

Property Performance Monitor - Q1 2016

Total returns to private equity real estate slipped from 13.3% (trailing four quarters) in the fourth quarter 2015 to 11.8% in the first quarter 2016 amid (...)

Investment

Japan Real Estate - Q2 2016

Japan’s GDP is estimated to have experienced a contraction in the first quarter of 2016 due to the unfavourable currency exchange rate and intensified uncertainties including (...)

Investment

Global Real Estate Strategic Outlook

There are a number of key macroeconomic themes and events that underpin our views of global property markets. The first is the divergence in central bank (...)

Office

U.S. Real Estate Strategic Outlook, February 2016

U.S. commercial real estate performed exceptionally well in 2015. Although economic growth was moderate, job creation, a more important driver of real estate, had its second (...)

Office

Europe Real Estate Strategic Outlook

Our outlook for Europe remains one of gradual recovery. However, unlike previous years and notwithstanding macro shocks, Europe seems on a firmer footing due to a (...)

Investment

Asia Pacific Real Estate Strategic Outlook

Real estate performance across much of the Asia Pacific region has been steadily attractive on the back of a strong capital market and healthy recovering leasing (...)

Investment

Property Performance Monitor - Q4 2015

Private equity real estate produced total returns of 13.3% in 2015, outperforming large-cap equities (1.4%) and bonds (0.1%) by a wide margin. The retail (15.3%) and industrial (...)

Investment

Japan Real Estate - Q4 2015

Japan’s GDP returned to a mild recovery trend on the back of resilient corporate profits and an increasing number of inbound tourists. The labor market remained (...)

Investment

U.S. Real Estate Strategic Outlook: Mid-Year Review

The U.S. commercial real estate market has delivered impressive total returns over the past five years. So impressive, in fact, that some investors are beginning to (...)

Investment

Asia Pacific Real Estate Strategic Outlook: Mid-Year Review

Real estate performance across much of the Asia Pacific region has been steadily attractive on the back of a strong capital market and healthy recovering leasing (...)

Investment

European Real Estate Strategic Outlook : Mid-Year Review

Europe’s economic recovery remains on track. Although not without risks, with ongo-ing concerns in places such as Greece and Ukraine, on the whole the outlook for (...)

Investment

U.S. Regional Economic Map – July 2015

Similar to last year, the U.S. economy has emerged from its first quarter lull. The number of U.S. job openings rose to the highest level on record (...)

Investment

Japan Real Estate - Q3 2015

On the back of the currency devaluation and strong corporate sector, Japan’s macro economy witnessed a healthy recovery in the first half of 2015 after a (...)

Investment

Japan Real Estate - Q2 2015

Japan’s macro economy showed positive signs after it struggled to recover amid the consumption tax (VAT) hike in 2014. A healthy growth in corporate earnings begets (...)

Investment

Property performance monitor - 1Q 2015

Private equity real estate produced total returns of 3.6% in the first quarter of 2015, its strongest performance since the second quarter of 2011. Total returns (...)

Investment

European Mega Cities Real Estate Investment in London and Paris

London and Paris dominate their national economies and have been significant drivers of growth. Each has an employment structure focused on the stronger performing sectors of (...)

Investment

Global Real Estate Strategic Outlook

In most countries across the globe, real estate continues to provide attractive investment opportunities from both a macro-economic driven top-down perspective and property fundamentals based bottom-up (...)

Investment

Japan Real Estate - Q1 2015

Japan’s macro economy painted a mixed picture. Consumer confidence struggled to recover in 2014 following the consumption tax (VAT) increase earlier in the year which resulted (...)

Investment

Property Performance Monitor - Q3 2014

Private real estate represented by the NCREIF Property Index (NPI) returned 2.6% in the third quarter 2014 and 11.3% during the trailing four quarters. The return (...)

Investment

Investing in real-estate securities: the benefits of active management

A strategic allocation to real estate securities plays an important role in a diversified investment portfolio. This asset class provides opportunities for potentially superior risk-adjusted returns (...)

Investment

Japan Real Estate - Q4 2014

Japan’s consumer confidence struggled to make a strong recovery in the third quarter of 2014 as previously expected due to the consumption tax (VAT) increase earlier (...)

Investment

European Real Estate Strategic Outlook : Mid-Year Review

Europe is in the early stages of economic recovery. With business and consumer con-fidence currently around a three year high, expansion is forecast to gather pace (...)

Investment

U.S. Real Estate Strategic Outlook: Mid-Year Review

Real estate market conditions in the United States remain favorable. Despite negative economic growth in the first quarter, employment growth was robust during the last six (...)

Investment

Asia Pacific Real Estate Strategic Outlook: Mid Year Review

Real estate performance across much of the Asia Pacific region has been a balance between a strong capital market and a softer but recovering leasing market. (...)

Investment

Japan Real Estate - Q3 2014

Japan’s consumer confidence eroded as previously expected when the consumption tax (VAT) increased from 5% to 8% in April this year. The dislocation of demand seems (...)

Investment

Property Performance Monitor - Q2 2014

The NCREIF Property Index (NPI) had a 2.9% total return during the second quarter 2014 and 11.2% during the trailing four quarters quarters. The return from (...)

Investment

U.S. Regional Economic Map, July 2014

First quarter GDP growth was disappointing, but other indicators point to better growth. The annual pace of housing starts has improved, but is still sub-par compared to (...)

Investment

European Regional Economic Map, July 2014

E.U. GDP growth slowed slightly to 0.3% during Q1 2014. Germany, Spain and Poland accelerating, France flat, sharp falls in the Netherlands. Business and consumer confidence slipped (...)

Investment

Property Performance Monitor - Q1 2014

Total returns for private equity real estate continued to be strong, at 2.7% in first quarter and 11.2% for the year-ending first quarter 2014. Returns were (...)

Investment

Japan Real Estate - Q2 2014

Japan’s economy advanced at a healthy rate of 1.5% in 2013. Domestic consumption and external demand continued to recover in the first quarter of 2014. An (...)

Investment

Business Rates Revaluation: Supporting the Recovery of U.K. Secondary Property

A tax typically faced by property occupiers, and broadly based upon annual rent, the business rates regime has faced increased opposition from tenants in recent years. (...)

Investment

Global Real Estate Strategic Outlook

Global growth is becoming more visible. Some regional economies, such as in Europe, appear to be moving from contraction into recovery, and others, like the United (...)

Investment

European Real Estate Strategic Outlook

The European landscape has largely unfolded as forecast in our European Strategic Outlook that was published in August 2013. A gradual improvement in the underlying economy (...)

Investment

U.S. Real Estate Strategic Outlook

The dawn of the post-credit crisis era has finally arrived. Business and consumer confidence has improved, job growth exceeded expectations, and with it, tenant demand for (...)

Investment

Asia Pacific Real Estate Strategic Outlook

Real estate returns were mixed in 2013 across the Asia Pacific region. Leasing demand from the corporate sector was generally soft in the region even as (...)

Investment

Property Performance Monitor - Q4 2013

Total returns for private equity real estate continued to be strong, at 2.5% in fourth quarter and 11.0% for all of 2013. Returns are above the (...)

Investment

Japan Real Estate - 1Q 2014

Led by a recovery in domestic consumption and external demand, Japan’s GDP was expected to finish 2013 with a 1.8% expansion. Much of the growth came (...)

Investment

Opportunities in the Outer London Real Estate Market

The potential for real estate investment in the Outer London boroughs is vast. Not only are these 19 boroughs home to five million people, they are (...)

Investment

Property Performance Monitor - Q3 2013

The NCREIF Property Index (NPI) returned 2.6% during the third quarter 2013 and 11.0% for the trailing four quarters. Third quarter returns were modestly lower than (...)

Investment

Global Real Estate Strategic Outlook : Mid-Year Review 2013

This paper is an update of our Global Strategic Outlook from April 2013. We noted earlier in the year that 2013 was likely to be the (...)

Investment

Japan Real Estate - Q4 2013

Abenomics - a policy that combines aggressive monetary easing and fiscal stimulus - has put Japan’s economy on a path toward rapid recovery. GDP grew at an annualised (...)

Investment

The Case for Listed Real Estate

Institutional investors are increasingly looking to real estate as an investment option; the asset class has typically provided attractive risk-adjusted returns, a cash flow stream that (...)

Investment

U.S. Real Estate Strategic Outlook : Mid-Year Review

While both economic and property market fundamentals are playing out largely as forecast in our 2013 U.S. Real Estate Strategic Outlook, in this mid-year update we (...)

Investment

European Real Estate Strategic Outlook : Mid-Year Review 2013

The outlook for the European economy has been downgraded during the first six months of the year, as the anaemic growth predicted at the start of (...)

Investment

Asia Pacific Real Estate Strategic Outlook : Mid-Year Review 2013

Real estate performance across much of the Asia Pacific region has been mixed. Amid mostly decelerating returns, Japan experienced a noticeable shift to the upside. Despite (...)

Investment

Japan Real Estate - Q3 2013

Japan’s GDP grew at an annualised rate of 4.1% in the first quarter of 2013 as consumer sentiment improved and exports increased. The capital markets have (...)

Logistics

Logistics : Rapid Modernisation Underway in the Asia Pacific Region

Until recently, the logistics sector in the Asia Pacific region (APAC) played a minor role among property types. The regional market for industrial properties in gen-eral—and (...)

Investment

Property Performance Monitor - Q1 2013

The NCREIF Property Index (NPI) returned 2.6% during the first quarter 2013 and 10.5% for the trailing four quarters. This is 140 bps higher than the (...)

Investment

Japan Real Estate - Q2 2013

Economy: In the first quarter of 2013, confidence in the Japanese macro economy experienced one of the most significant surges in recent history. Haruhiko Kuroda, the (...)

Investment

Global Real Estate Strategic Outlook

Real estate in most parts of the globe remains attractive for investment. Improving proper-ty fundamentals with little new construction in the near-term are supporting a rebound (...)