Deutsche Wohnen, the main target of Berlin's housing expropriation debate, plus Germany's largest residential owner Vonovia, say private capital is acting responsibly to meet shortages.
Initiated in early (...)
Germany's Vonovia has generated €744m in an accelerated bookbuilding equity placement with institutions, increasing the cash raise from the initial €650m target.
The Bochum-based company, the world's largest residential (...)
Two German lenders, Landesbank Baden-Württemberg and pbb Deutsche Pfandbriefbank are jointly providing a €500m 10-year loan to German listed housing giant Vonovia.
Pbb said in a release that the funds are being provided by both (...)
Germany's Vonovia boosted first half funds from operations 11.5% to €510.3m without contributions from its two takeovers, Austria's BUWOG and Sweden's Victoria Park. Including these, it now manages 404,000 residential (...)
Testa, the Spanish housing firm owned by creditor banks, REIT/SOCIMI Merlin Properties and Acciona Inmobiliaria, has issued its stock market prospectus targeting capitalisation of €1.83bn at a share price of €13.86.
German housing giant Vonovia is looking in detail at four countries outside Germany to grow its residential portfolio: Sweden, The Netherlands, France and Spain, CFO Stefan Kirsten told Bloomberg in (...)
Europe's largest listed housing company, Germany's Vonovia, is making its first foray outside the German-speaking world, bidding €898m, SEK38 per share, for Sweden's Victoria Park in a recommended offer (...)
Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its holdings have (...)
Hamburg-based Engel & Völkers Investment Consulting said it accompanied the successful purchase of a residential portfolio by Viennese firm Buwog from London-listed Phoenix Spree Deutschland (PSDL) as part of a (...)
In the second large German acquisition this week, listed Augsburg-based Patrizia announced Tuesday that it is buying the London-based real estate fund manager Rockspring, boosting managed assets to around (...)