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CORESTATE CAPITAL GROUP

Investment fund - Investment company

Last update July 29, 2019 | Report an error

Boris Pauli

Executive Director, Head Capital Raising & Investor Relations

Housing

Corestate pays €60m for Cologne micro apartment project for Bavaria's BVK

Listed investment manager Corestate Capital has acquired a micro apartment project in Cologne-Deutz for a special fund managed by Bavaria's BVK for an investment volume of €60m. The acquiring (...)

Listed

Corestate names Schnidrig new CEO, confirms 2019 net profit target

Germany-focused Corestate Capital has named Lars Schnidrig as new CEO, extended CIO Thomas Landschreiber's contract and confirmed a 2019 net profit target up to €140m. The appointment of Schnidrig, until now chief (...)

Finance

Mipim attendees at 26,800 as German execs see property sector in good shape

The 30th MIPIM trade fair in Cannes attracted 26,800 professionals, including over 5,400 investors and 560 political leaders, organisers said, as German executives said the sector (...)

Listed

Germany-focused Corestate beats forecast with 45% net rise to €135m

Germany-focused listed manager Corestate boosted net profit in 2018 by 45% to €135m, beating an earlier forecast according to preliminary figures, and will propose a €2.50 (...)

Office

Corestate adds €66m Munich office asset for club deal clients

Germany-focused listed Corestate Capital has paid about €66m to acquire an office building in Munich, and will reposition it using a manage-to-core strategy in an offer (...)

Listed

TLG shareholder drops EGM request aimed to change supervisory board

The largest shareholder of Berlin's listed TLG, Ouram Holding, has withdrawn a request for an extraordinary shareholder meeting, aimed to make deep changes to the supervisory board. By (...)

Listed

Ouram requests TLG extraordinary meeting to change supervisory board

Ouram Holding, the senior minority shareholder in Berlin’s listed real estate firm TLG, has requested an extraordinary shareholder meeting to make major changes to its supervisory (...)

Housing

Corestate Capital enters co-living segment with Medici Living, targets €1bn

German listed specialist Corestate Capital is expanding into the fast-growing co-living segment in partnership with Europe’s largest provider, Medici Living, aiming at a portfolio, together with (...)

Finance

Corestate launches €800m opportunity fund, adds €241m portfolio

Germany-focused Corestate Capital has launched an opportunity fund targeting €800m in opportunity assets, and has already acquired a €241m portfolio of seven properties for it. The listed (...)

Retail

Corestate closes High Street VII German retail club at €212m invested

For total investment of €212m, Germany-focused Corestate Capital has now closed the High Street VII club deal - 24 retail assets offering 100,000 sqm across 17 (...)

Housing

Corestate's Winter takes stake in Quarters co-living via W5

Live from Expo Real (Münich) - The W5 Group, the family office of Ralph Winter, founder of publicly-listed Corestate Capital, has taken a stake in co-living (...)

Finance

Frankfurt's aamundo wins €1bn mandate for anti-cyclical strategy

Just 11 months after foundation, Frankfurt real estate group aamundo has won a US €1bn investment mandate for an anti-cyclical strategy anticipating a downturn, says co-Founder Nico Rottke.  Rottke, a (...)

Finance

Corestate's new CEO plans expansion beyond Germany, Netherlands

Germany and Netherlands-focused Corestate Capital, a listed real estate manager transitioning from private roots, has big plans to expand, seeking assets and M&A opportunities internationally, says (...)

Retail

Former Corestate CEO Wilhelm launches German retail investor x+bricks

Sascha Wilhelm, former CEO of listed Corestate Capital, has launched a new investment firm called x+bricksto focus initially on German retail property. The firm already has acquired (...)

Listed

Corestate founder Winter buys back part of 10% placement

Corestate Capital founder Ralph Winter has bought back into the firm, adding 250,000 shares worth €11m just seven months after he sold over 10% of equity (...)

Listed

Luxembourg's Corestate launches €150m European value-add program

Luxembourg's Corestate Capital, a listed property manager focused on Germany, is launching a investment program worth up to €150m in value-add retail, office and residential in (...)