Business Immo, the real estate website

Pierre Reuter

Office Managing Partner

Office

HIH acquires property management mandate from Commerz Real

Germany's HIH Property Management has won the contract for the eight commercial properties just acquired by Commerz Real in Berlin, Hamburg and Leipzig for (...)

Hospitality

Invesco extends euro spending spree with €160m forward hotel buys in Italy

Global manager Invesco Real Estate, which at the end of June announced nearly €1bn in capital deployment in Europe, has signed two forward hotel (...)

Office

Munich's Cells purchase of IKB HQ in Düsseldorf said done at €230m

Munich-based private firm Cells Property Investors has acquired the 57,600 sqm former HQ complex of IKB bank in Germany's Düsseldorf with an international investor (...)

Office

UBS AM acquires Frankfurt tower for €155m from Benson Elliot

UBS Asset Management has, on behalf of a client, acquired the Turmcenter office tower in Frankfurt for €155m and at a yield of 3.9%. (...)

Office

Filipino ISOC pays Skanska €59m for Polish Katowice office projects

Skanska’s Polish development arm has sold its last two office projects in Katowice’s Silesia Business Park for €59m to Philippines group ISOC, the latter’s (...)

Office

Commerz Real's Frankfurt Omniturm buy said at €700m

Commerzbank's real assets manager Commerz Real has purchased one of Frankfurt's largest and most spectacular office projects, Omniturm, for a price reported to be almost (...)

Retail

ActivumSG €489m Fund V two-thirds committed after German Halle buy

Jersey-based turnround specialist ActivumSG said it has committed two-thirds of the €489m capital in its Fund V after acquiring the 22,000 sqm Ritterhaus mixed-use building in (...)