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Aroundtown

REITS

Last update February 9, 2022 | Report an error

Eyal Ben David

Chief Financial Officer

Gerhard Cromme

Chairman of the Supervisory Board

Jelena Ebner

Head of Transaction Management

Yakir Gabay

Advisory Board Deputy Chairman

Shmuel Mayo

Chief Executive Officer

Markus Neurauter

Head of Commercial Operations

Timothy Wright

Senior Analyst - Investor Relations

Finance

European CRE transactions slide to lowest level in six years in Q2 – RCA

As the Covid-19 pandemic and associated lockdowns took a grip on markets, the volume of European commercial real estate investment transactions plunged to the (...)

Finance

Global activity tracker: Europe resists drop - RCA

The latest Real Capital Analytics data indicates that transaction volume for Europe, Middle East and Africa (EMEA) is just 6% lower than 2019 levels, (...)

Listed

Aroundtown, TLG launch second giant merger in German listed real estate in days

Days after launch of a giant three-way merger in German listed property, another has started: Aroundtown has won clearance to tender for counterpart TLG (...)

Listed

Aroundtown, TLG to form one of Europe's three biggest property firms, with €25bn AUM

Two of Europe's largest commercial property groups, Aroundtown and TLG, are to merge into the largest firm of its kind and one of the (...)

Listed

Berlin's TLG boosts 9mth portfolio 11.5% to €4.6bn amid Aroundtown merger

Berlin's TLG Immobilien boosted the value of its properties by 11.5% in the first nine months to €4.58bn, and reiterated that its merger with (...)

Listed

€25bn property mega-merger looms as Aroundtown agrees bid basis for TLG

A €25bn European real estate mega-merger is looming after Luxembourg's Aroundtown won approval for a takeover bid for Berlin's TLG to create a firm (...)

Finance

German property investment, at €43bn in first 9mths, 2019 set for record

German property investment reached almost €43.4bn in the first nine months of 2019, with €18.5bn in 3Q19 alone, and looks set to hit a (...)

Hospitality

European hotel investment rises 4.3%yy to €16bn, driven by foreign buyers - Savills

European hotel investment remains robust in 2019, reaching nearly €16bn in the year to date, up 4.3%yy, with investor appetite still driven by international (...)

Listed

Berlin's TLG, after regulatory approval, takes Aroundtown stake to 13%

Berlin's TLG Immobilien, after regulatory approval, has exercised a call option on 3% of larger counterpart Aroundtown, adding to a 9.99% stake acquired at (...)

Listed

Recent M&A activity seen unlikely to signal a wave of take-private deals

Despite European listed real estate trading predominantly at discounts to NAV, recent renewed M&A activity is unlikely to signal a wave of take-private deals, (...)

Listed

CEE's listed Globalworth raises NOI 31.5% to €68m in first half

CEE listed office investor Globalworth reported first half net operating income up 31.5% at €68.0m, with a portfolio value - in Romania and Poland - up (...)

Listed

Berlin's TLG raises €1bn financing at 1.875% to cover 10% Aroundtown stake

Berlin's TLG Immobilien has raised €1bn financing at 1.875% to cover a 9.99% stake in peer Aroundtown as the two move toward a merger (...)

Listed

Germany's TLG pays €1bn for 10% stake in Aroundtown as the two eye merger

Listed German property firm TLG Immobilien has taken a €1bn, near-10% stake in peer Aroundtown and said the two companies will begin talks aimed (...)

Hospitality

Aroundtown pays €900m for German, Benelux assets said to be Center Parcs

Listed real estate investor Aroundtown is paying €900m for properties in Germany and Benelux said by informed sources to be Center Parcs leisure assets (...)

Logistics

Globalworth rebrands logistics, starts new €36m Romania project

AIM-listed Globalworth, based in Romania, is rebranding its logistics portfolio as part of its strategy to consolidate its position in the segment, and is launching (...)

Listed

Europe's listed property shifts as Baer takes Spain stakes, Aroundtown raises at Globalworth

Europe's listed property holdings are shifting. Swiss Julius Baer has taken stakes in Spain's Metrovacesa and Neinor, while Aroundtown's holding in AIM's Globalworth has (...)

Office

Globalworth Poland adds Warsaw Tower, Krakow asset for €170m

Bucharest-based Globalworth, listed on London's AIM, said its Polish unit has made two acquisitions in Warsaw and Krakow, for a combined value of €169.9m. The (...)

Listed

Aroundtown FFO rises 38% to €406m in 2018, portfolio surges 45% to €14bn

Fast-growing listed group Aroundtown, focused on office and hotels in Germany and Netherlands, boosted 2018 FFO 38% to €405.7m. Its portfolio soared 45% to €14.2bn. The (...)

Listed

Aroundtown takes 12% stake in Bucharest office firm Globalworth

Luxembourg-based Aroundtown, to date focused on commercial property in Germany and the Netherlands, has taken an 11.8% stake in Bucharest office group Globalworth. Stock market ad hoc (...)

Listed

Lux Grand City boosts 2018 FFO 11% to €198m, 2019 guidance up to €213m

Luxembourg-registered housing firm Grand City Properties, an affiliate of Aroundtown, grew 2018 FFO by 11% to €198m, though net profit fell. This year’s FFO (...)

Listed

Largest quoted German CRE firm Aroundtown ups AUM 34% to €13.2bn

Listed German commercial property group Aroundtown, the nation's largest by assets, grew its portfolio 34%yy to €13.2bn in third quarter. Funds from operations rose 12% (...)

Listed

Aroundtown's IH FFO surges 46% to €189m, AUM up €3bn ytd

Fast-growing European commercial property group Aroundtown posted a 46% surge in first half FFO to €189m, up 6% per share, and made over €1.4bn of acquisitions, (...)

Listed

Germany-focused Grand City boosts 1H FFO 16% to €99m

Germany-focused listed housing firm Grand City Properties, an affiliate of the Aroundtowngroup, increased first half funds from operations by 16% to €99m, and said it (...)

Listed

Aroundtown appoints Cromme to board after 54%yy 1Q FFO surge

Fast-growing listed CRE group Aroundtown has appointed one of Germany's most high-profile managers to its advisory board just days after releasing first quarter figures showing a (...)

Listed

Listed Aroundtown makes €720m sales ytd at 12% above book

Fast-growing European quoted commercial property group Aroundtown, which also controls listed German housing firm Grand City Properties, has sold over €720m in non-core assets year to (...)

Listed

Fast-growing Aroundtown boosts 2017 FFO by 77% doubles AUM to €10bn

Aroundtown, the fast-growing listed German commercial real estate firm, reported a 77% rise in funds from operations to €293m for 2017, with per share (...)

Housing

German housing group Grand City boosts FFO1 by 11% but net profit slips

Grand City Properties, the listed German housing investor, reported a 11% rise in 2017 FFO1 to €178m, though net profit slipped to €639m. At (...)

Finance

Luxembourg's Aroundtown on track to retain issuer crown with €606m capital raise

Luxembourg's Aroundtown, which specialises in German and Dutch CRE and German housing via its Grand City affiliate, is on its way to keeping its record (...)