Business Immo, the real estate website

Helmut Bergmann

Managing Partner for Continental Europe

Retail

Commerz Real acquires 20% stake in 10 German Kaufhof stores

Commerz Real, part of Germany's Commerzbank, has taken a 20% stake in 10 Kaufhof department stores, intending to develop them and boost value together (...)

Listed

Berlin's Adler to pay €708m for 33% of ADO Properties

Berlin's listed Adler Real Estate is to pay €708m to acquire 33% of ADO Properties from its senior shareholder, the Israeli-listed ADO Group. ADO Properties (...)

Logistics

KKR, Round Hill target 400k sqm S.Europe logistics in new JV

US firms KKR and Round Hill have entered southern European logistics in a new joint venture, starting with four Spanish assets, which targets a (...)

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

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 (...)

Listed

Finnish rental homes firm Kojamo says oversubscribed IPO values it at €2.1bn

Finnish rental housing firm Kojamo said its IPO has been oversubscribed at a final offering price of €8.50 per share, valuing the firm, which owns 36,000 (...)

Retail

German Universal, US Hines pay €600m for Paris Champs-Elysées store for BVK

Germany's Universal Investment and US-based wealth manager Hines have paid nearly €600m to purchase Apple's future head office and new concept store on Paris' prestigious avenue des (...)