Business Immo, the real estate website

Sebastian Grimm

National Director - Team Leader Residential Valuation and Transaction Advisory

Anke Herz

Team Leader Debt Advisory Germany

Ralf Kemper

Head of Valuation and Transaction Advisory

Christian Koch

Management Board Germany

Konstantin Kortmann

Head of Residential Investment Germany

Stephan Leimbach

Head of Office Leasing Germany

Yama Mahasher

Chief Operating Officer Germany

Helge Scheunemann

Head of Research Germany

Christian Ulbrich

Global President - Global Chief Executive Officer

Axel Vespermann

Regional Manager Frankfurt

Kai Zimprich

Chief Information Officer Germany and Northern Europe

Finance

Real estate transparency is progressing worldwide, but overall improvement is the weakest since GFC – JLL/LaSalle

Transparency is progressing across most countries and territories, but overall improvement is the weakest since the period directly following the Global Financial Crisis, reports (...)

Office

Tristan, Investa pay €147m for eight German offices from Frankfurt's Cording

London's Tristan Capital Partners, together with Germany's Investa Real Estate, has paid €147m for a portfolio of eight German office buildings from Frankfurt's Cording Real (...)

Finance

Germany, at €77bn, to top European real estate investment for first time

The 10-year-long positive development in German real estate investment will take it to €77bn in volume in 2019, replacing UK for the first time (...)

Listed

Frankfurt's DIC signs €500m Cologne Stadthaus club deal buy from Korea's Mirae

Frankfurt listed DIC Asset has signed to lead a €500m club deal early next year to acquire the Stadthaus building in Cologne from Korea's Mirae Asset Global Investments. The (...)

Office

JLL establishes Strategy Board in Germany, paralleling EMEA Board

Commercial real estate adviser JLL has is establishing a Strategy Board in Germany which parallels the EMEA Board, successfully introduced in 2016 by EMEA (...)

Office

JLL names former aide to global CEO as COO Germany

International real estate adviser JLL has named Yama Mahasher, former aide to global CEO Christian Ulbrich - former head of Germany - as Chief (...)

Housing

US PGIM, Germany's DeWAG acquire Frankfurt-Sachsenhausen resi complex

US investment manager PGIM, together with the German DeWAG group, has acquired a residential complex in Frankfurt-Sachsenhausen holding 382 units. The seller is a family office from (...)

Office

German prime office prices surge to 3.9%qq in third quarter

Prices of office properties in Germany's five largest cities surged by 3.9%qq in third quarter, nearly quadrupling the velocity of 2Q19, according to JLL's (...)

Finance

Timo Tschammler steps down as head of JLL Germany

Timo Tschammler is stepping down as head of JLL Germany at his own request on 30 September and resigning from all offices with effect from 31 (...)

Finance

Seven European cities, led by London, in JLL's top list for global competitiveness

With London leading and Paris in third place, seven European cities feature in adviser JLL's new study of global competitiveness. Berlin and Munich have (...)

Office

German slowdown to weaken office space demand by 4% this year - JLL

The economic slowdown in Germany has not yet weakened office space demand, but by year end is likely to have cut it by 4%yy, (...)

Housing

German 1H Big 8 residential rents lose momentum, up only 2.3%

German residential rents in the Big 8 cities lost momentum in the first half-year, up 2.3% on average against 1H18, but still well below (...)

Finance

German 2018 real estate bank lending expands 8%, to continue this year

German real estate bank lending expanded by 8% last year in volume, says adviser JLL, and it expects credit issuance growth to continue through (...)

Office

German 1Q office prices up 1.9%qq as yields compress further - JLL's Victor

German prime office values rose 1.9%qq in first quarter, mainly due to a further falls in yields in the Frankfurt banking sector, according to JLL's Victor (...)

Housing

Lack of product, expropriation fears hit German 1Q resi investment

German residential investment fell 45%yy in first quarter to €4bn mainly due to lack of product but also from investor caution over a citizens' (...)

Office

LaSalle IM pays €134m to acquire Munich’s Westen Yards

LaSalle Investment Management has agreed to pay €134m to acquire the 31,000 sqm Westend Yards office building in Munich from PGIM Real Estate. The agreement (...)

Office

German Warburg-HIH's office sale to French Amundi said at €570m

For a price reported at some €570m, Hamburg's Warburg-HIH Invest has closed the largest transaction in its history, selling five office properties to Paris-based Amundi Immobilier. Warburg-HIH Invest said (...)

Finance

Investors still favour offices above all else

With €29.7bn spent on offices last year, a 24% jump from 2017, Germany established itself as the biggest office market in Europe, a surge (...)

Office

German Big 7 office take-up at €4m sqm, 6.5%yy lower but still 2nd highest - JLL

Office space take-up in the Big 7 German urban markets reached almost €4m sqm last year, the second highest ever but undershooting by 6.5% (...)

Finance

German 2018 CRE investment hits €60bn; demand to stay high at €55bn this yr - JLL

The upturn in commercial real estate investment continued in 2018 and reached €60.3bn, and demand should remain high in 2019 taking it to around (...)

Office

Europe's flexible office space to expand by 7m sqm through 2023

Flexible office space in Europe has more than doubled since 2014 and could grow 30% p.a. over the next five years, adding 7m sqm (...)

Retail

Hamburg's redos acquires German Olymp retail park portfolio

Hamburg fund manager Redos has acquired the Olymp portfolio of 11 retail parks and hybrid centres in Germany for a special fund set up with Union Investment. (...)

Office

JLL's Victor German office indicator grows at moderate 1.5%qq in 3Q

JLL's proprietary Victor Prime Office Indicator rose 1.5% in the third quarter, continuing its moderate growth in 2018 and undershooting the 2%-mark set in (...)

Housing

Berlin manager acquires two mandates, 750 flats worth €90m from Union

Berlin private investment manager Deutsche Asset One has acquired 750 apartments valued at around €90m in two separate account mandates from Union Investment Real (...)

Office

Warburg-HIH forward twin office buy in Frankfurt said at €300m

Live from Expo Real (Munich) - Hamburg's Warburg-HIH Invest Real Estate has, in forward deals, acquired two adjacent Frankfurt office projects with 53,778 sqm (...)

Housing

German resi investment at €15bn ytd as foreign buying continues

Live from Expo Real (Münich) - German residential investment year to date has reached €14.9bn or 103,000 units, says adviser JLL, 37% above year-ago (...)

Finance

Global real estate robust but political, trade headwinds loom - JLL's Tschammler

Global real estate investment and leasing continues to perform well, with demand robust and more investors raising allocations, says Timo Tschammler, CEO of JLL (...)

Finance

Frank Pörschke leaves JLL to pursue new entrepreneurial activities

Frank Pörschke, long-time Germany head for international adviser JLL and more recently its president of EMEA markets, is leaving the firm at his own (...)

Finance

German CRE investment heads for strong 2018 after €25bn+ in 1H - agents

German commercial property investment is heading for another strong 2018 after more than €25bn changed hands in first half, international advisers agree. But investors (...)

Retail

Dublin's Greenman acquires Berlin mall for €79m from Cerberus

Dublin's Greenman Investments has acquired the Biesdorf Centre in Berlin for €79m from US fund Cerberus for its Greenman Open fund, and says it will seek (...)

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 (...)

Office

UK's Tristan makes purchases in Wroclaw, Cologne; disposal in Luxembourg

London real estate fund manager Tristan Capital Partners has announced three new transactions - acquisition of a development site in Poland's Wroclaw and a mixed-use complex (...)

Finance

Japan capital entering euro real estate not for the cycle but the longer term

The entry of GPIF, Japan Post and other giant Tokyo institutions to European property is happening but may take longer if managers reject inital fee (...)

Finance

German CRE investment should reach €55bn as prices peak this year - JLL

Transactions in German commercial property reached €12.3bn in first quarter, about the same as 1Q17, and JLL Germany said it expects around €55bn for 2018, roughly (...)

Listed

Vienna's CA Immo boosts 2017 FFO by 16%, EPRA NAV 12% to €29.90 shr

Vienna's listed CA Immobilien, one of three Austrian firms presently in focus for possible creation of an 'Austria Champion', reported a 16%yy surge FFO to (...)

Housing

Engel & Völkers advises €73m Buwog German resi acquisition

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 (...)

Office

German 2017 CRE investment hits record €57bn, 2018 to depend on rates, bonds - JLL

Investment in German commercial property last year hit €56.8 bn, shattering the prior record set in 2015 by €1.7 bn, and up 7% from (...)