Business Immo, the real estate website

Richard Winter

Regional Manager Hamburg

Office

Ofi Invest Real Estate acquires an office building in Germany for €60m

According to CoStar News*, Ofi Invest Real Estate has purchased from Amundi the « Cube 10 » office building (formerly Convent Parc), located at (...)

Logistics

Edmond de Rothschild deploys its industrial property fund in Germany

Edmond de Rothschild REIM has acquired two industrial properties in Germany for its Edmond de Rothschild Euro Industrial Real Estate Fund (Eiref), which was (...)

Office

BlueIMvest's "Blue One" fund makes its first acquisition in Hanover

BlueIMvest, a subsidiary of the Duval Group, has just signed its first acquisition for its 100% German core+ fund, Blue One. The 3,900 sqm (...)

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 (...)

Housing

Berlin tops 2018 resi investment at €3.11bn, then Copenhagen, Paris, London - JLL

German capital Berlin attracted most multifamily investment last year, at €3.11bn, says JLL's European Multifamily Investment Report - followed by Copenhagen, Paris and London. The (...)

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 (...)

Hospitality

German 1H hotel investment falls 20%yy to €1.5bn due to lack of product

First-half hotel investment in Germany fell 20% from 1H18 to €1.47bn due to lack of suitable available product, says adviser JLL in a new (...)

Finance

German 1H property investment reaches €32bn, should hit €70bn for full year - JLL

Despite negative reports, German real estate investment continued to perform well in the first half-year at €32.2bn, and should reach some €70bn for the (...)

Retail

GEG German Estate adds second Fashion Mall Munich component at €90m

GEG German Estate, the group due to merge into Frankfurt's DIC Asset soon, has purchased the second of two components of the Fashion Mall Munich (...)

Housing

German housing hindered by rules, politics, but rent caps no answer - conference

German housing supply is hindered by a mass of regulations and political interests, but an attempt to limit rents, as in Berlin, will simply (...)

Finance

German investment in Scandinavian real estate exceeds €1bn, still growing

Scandinavian real estate becoming more attractive for German investors, with over €1bn ($1.34bn) in a record 12 investments flowing into the region last year, (...)

Finance

JLL advises on €337m Blackstone bond finance for Värde hotel package

JLL has advised on one of the largest bond financings by an alternative real estate debt provider in Italy, a €337m financing by Blackstone (...)

Retail

Hamburg fund Captiva pays €160m for German Hellweg DIY retail

Hamburg fund manager Captiva Capital has paid €160m to acquire a portfolio of eight German retail properties in a sale-leaseback from the home improvement (...)