Accor today successfully placed a €500m perpetual hybrid bond with a 7.25% coupon. "The transaction was oversubscribed by approximately four times, reflecting renewed investor (...)
Commerz Real’s Supervisory Board has just appointed Johannes Anschott as the interim Chief Executive Officer with effect from 5 June 2020. He is assuming (...)
Commerz Real, part of Germany's Commerzbank, has sold the office property Cap Sud in Montrouge, near Paris, to a fund managed by Credit Suisse (...)
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 (...)
Commerzbank's property unit Commerz Real is maintaining its fast pace of acquisitions, paying €162m in a sale-leaseback for Hotel Maritim in Düsseldorf's Airport City. The purchase, involving (...)
In the largest transaction in its history, said worth €2.5bn, Commerz Real has acquired the Millennium Portfolio of 49 German office, residential and retail (...)
Germany's Commerz Real has extended its residential portfolio, investing €36m in separate student and senior transactions in Hanover, the capital of Lower Saxony state. The (...)
Germany's Commerzbank and Deutsche Bank have broken off discussions on a merger, saying that it was determined this would not be in the interest (...)
Days after Germany's cooperative system manager made an unprecedented €1.4bn+ housing investment, Commerz Real, part of Commerzbank, said it is earmarking €2bn for residential (...)
Korean interest in Euro office continues: Hanwha has bought, via GLL Partners, a Prague complex for over €250m, and a second €165m purchase by Hana is (...)
Germany's Commerz Real, the property fund manager of Commerzbank, has taken a stake in crowd-investing platform Bergfürst to further its goal of becoming a digital asset (...)
Paris office REIT/SIIC Cegereal posted a sharp drop in net income last year to €33.1m after €62.4m in 2017 mainly due to the high portfolio uplift (...)
Commerz Real, the real assets fund manager of Germany's Commerzbank, boosted transactions last year over €5bn and said its flagship Hausinvest fund grew to (...)
Frankfurt has become a major German real estate location, taking some €10bn of the national €60bn investment last year, of which Brexit sparked probably (...)
South Korean wealth manager Hana Financial has signed to acquire an office building in Eschborn near Frankfurt for €120m in a sale-leaseback deal with Germany’s Commerzbank. The (...)
Munich-based private firm Cells Property Investors has acquired the 57,600 sqm former HQ complex of IKB bank in Germany's Düsseldorf with an international investor (...)
Germany's Commerz Real, part of Commerzbank, has issued, together with the Steigenberger group, a fund for European hotel real estate targeting €250m in assets. The vehicle is (...)
South Africa's MAS Real Estate has acquired Flensburg Galerie, a 25,540 sqm shopping centre in the northern German city of Flensburg, paying €62.55m to seller Commerzbank. In (...)
Hamburg's Hansainvest has acquired 50% of the Global Tower project in Frankfurt being developed for €340m by GEG German Estate Group in anticipation of acquiring the asset on (...)
Office occupiers in Frankfurt are increasingly focusing on skyscrapers, making them popular investment assets and depressing vacancies to 3.7%, says adviser Colliers. Also due (...)