Business Immo, the real estate website
Office

Amundi sells two German office buildings for €92.5m

According to Thomas Daily*, Amundi has sold two office buildings in Hamburg, Germany, for around €92.5m. According to the same sources, the Brooktorkai 20 building, (...)

Finance

Real estate industry hit hard by business failures

It is now common knowledge that the property industry, like other sectors, is navigating in troubled waters under the combined effect of several factors (...)

Finance

Despite its owner's insolvency risks, its "business as usual at Stam Europe"

"Business as usual at Stam Europe!" assures Edward Bates, CEO of Stam Europe, when asked by Business Immo about the impact that the financial difficulties (...)

Logistics

Germany's Union applies to acquire €800m logistics fund from Garbe

Germany's Union Investment has applied for clearance to acquire Logistrial Real Estate, an €800m logistics fund currently owned and managed by Hamburg's Garbe group. A note in (...)

Office

BMO acquires Berlin Leipziger Platz complex for reported €300m

BMO Real Estate Partners Germany, part of Canada's Bank of Montreal financial group, has acquired the mixed office-retail complex Leipziger Platz 14-16 in Berlin in a (...)

Hospitality

Swedish listed Balder enters Germany, paying €58m for seven hotels

Swedish listed real estate group Balder has made its first investment in Germany, paying €58m for seven hotels, two of which in Berlin, and says the (...)

Office

JP Morgan, LGT's German office buy from Munich's publity said at €230m

JP Morgan Asset Management and Liechtenstein-owned LGT Capital Invest have acquired four German office buildings from struggling Munich-based listed group publity for a price reported (...)