Business Immo, the real estate website

Starwood Capital

Finance 23/04/2019

Swiss Pictet, after hiring Starwood's Kohalmi, launches first direct RE fund

After hiring former Starwood executive Zsolt Kohalmi to head real estate, Swiss private banking group Pictet is launching its first fund to invest in direct property across Europe. The group's (...)

Office 25/01/2019

US Starwood Capital adds Spanish office portfolio for €125m

US opportunity fund Starwood Capital has reportedly paid €125m to purchase a portfolio of Spanish offices in the capital Madrid and the coastal city (...)

Housing 12/10/2018

Foreign ownership in French housing is no cause for concern

The participation of Germany's Vonovia and Zurich's Swiss Life in the winning bid for French SNCF's housing portfolio is good for Europe, good for France – (...)

Listed 05/09/2018

Germany's Vonovia buys Starwood out of Sweden's Victoria Park

German listed housing firm Vonovia has acquired the US Starwood Capital Group's full stake in Sweden's Victoria Park at its original offer price, taking (...)

Listed 30/08/2018

Austrian Immofinanz raises 1H FFO1 74% to €48m but net slides

Vienna listed Immofinanz reported a 74% rise in FFO1 for the first half to €48.4m. Although net profit slid 18% to €86m, it said (...)

Listed 29/08/2018

Austria's CA Immo raises 1H FFO 13%yy to €63m; FY to beat 2017

Austrian listed CA Immobilien, now controlled by US opportunity fund Starwood Capital, raised FFO I in the first half by 13%yy to €63.2m and (...)

Logistics 09/07/2018

US Starwood sells mixed Swedish portfolio to Hemfosa for €351m

US opportunity fund Starwood Capital, extremely active in European real estate of late, has sold a portfolio of mainly logistics assets in Sweden to the (...)

Finance 04/07/2018

Nordic 1H property transactions near €21bn, driven by residential - Pangea

Property transactions in the Nordic countries in the first half neared €21bn, the second highest ever, driven by large international investments in the residential (...)

Listed 02/07/2018

Austria's Immofinanz confirms sale of CA Immo shares, for €758m

Austrian listed Immofinanz confirmed it is selling its 26% stake in peer CA Immobilien to US-based Starwood Capital Partners, for €757.9m or €29.5 per shr. It will use proceeds (...)

Listed 25/06/2018

Austria's Immofinanz reported near sale of 26% stake in CA Immo

Austrian listed Immofinanz is on the point of selling its 26% stake in peer CA Immobilien to US private equity firm Starwood Capital Partners, according to Vienna stock (...)

Hospitality 22/06/2018

French Covivio unit closes €300m capital raise to finance UK hotel buy

French hotel REIT Foncière des Murs, a unit of the Covivio group, has completed a capital increase to raise €300m and support the group's £858m (€976m) acquisition (...)

Finance 19/06/2018

German Vonovia's bid for Swedish Victoria Park succeeds at 58% acceptances

Germany's giant listed housing firm Vonovia has declared its €898m cash offer for Sweden's Victoria Park successful, accepted by 58% of shareholders, and says it will extend the (...)

Listed 15/06/2018

Vienna's Immofinanz announces reverse 10:1 stock split

Vienna-based listed real estate group Immofinanz has announced a 10:1 reverse stock split, a move formerly approved in the shareholder meeting and reducing outstanding shares to (...)

Hospitality 13/06/2018

Jinjiang's Louvre Hotels in CEE focuses on Warsaw, Belt & Road cities

Paris-based Louvre Hotels, owned since 2015 by China's Jinjiang group, should soon double its Poland assets to 40, says a top executive. Its eastern Europe (...)

Listed 07/06/2018

US Starwood wins few takers for Austrian CA Immo, Immofinanz offers

US private equity firm Starwood Capital, which Wednesday announced 24.4% acceptances in a Swedish housing group bid, has by contrast won only a fraction of (...)

Listed 06/06/2018

US Starwood wins 24% acceptances in bid for Swedish Victoria Park

US private equity firm Starwood Capital has announced acceptances of 24.4% in its takeover bid for Swedish listed housing firm Victoria Park, and will go ahead and (...)

Housing 03/05/2018

Sweden, Netherlands, France, Spain in frame outside Germany - Vonovia CFO

German housing giant Vonovia is looking in detail at four countries outside Germany to grow its residential portfolio: Sweden, The Netherlands, France and Spain, CFO Stefan Kirsten told (...)

Housing 03/05/2018

German Vonovia offers €898m for Sweden's Victoria Park, topping Starwood

Europe's largest listed housing company, Germany's Vonovia, is making its first foray outside the German-speaking world, bidding €898m, SEK38 per share, for Sweden's Victoria Park in a (...)

Listed 19/04/2018

Austrian S Immo CEO says Immofinanz 29% buy is step in right direction

Ernst Vejdovszky, CEO of Austrian S Immo in which a 29.14% stake changed hands on Wednesday, acquired by Vienna listed peer Immofinanz, said he (...)

Listed 18/04/2018

Austria’s Immofinanz buys Benko, Pecik's 29% S Immo stake for €20 shr

Austrian listed Immofinanz, on the day that a public offer for 5% of its shares opens from US opportunity fund Starwood Capital, said Wednesday it has (...)