Business Immo, the real estate website

Wolfgang Egger

Career 02/05/2023

Former DWS CEO at the helm of Patrizia

A game of musical chairs at Patrizia, where Asoka Wöhrmann, former head of DWS, has been appointed CEO. After a "short transition period", he (...)

Finance 28/06/2022

Patrizia's new venture capital fund raises €100m

Patrizia AG has completed a €100m first round of funding for its new venture capital fund, Sustainable Future Ventures (SFV). The deal attracted capital (...)

Finance 06/08/2020

Patrizia records an operating income of €74.1M in 1H 2020

Patrizia AG has recorded an operating income of €74.1m in H1 2020. This compares to €79.0m operating income in the same period last year, (...)

Finance 05/02/2020

Germany’s Patrizia acquires BrickVest

Germany’s Patrizia AG has acquired BrickVest, the London-based global digital investment platform founded in 2014 by French businessman Emmanuel Lumineau. The Augsburg-based listed investment manager (...)

Office 17/06/2019

Augsburg's Patrizia sells four office/resi assets in Copenhagen for €50m

Augsburg-based Patrizia has sold four mixed-use office and residential properties in Copenhagen for €50m for its Patrizia Nordics Cities Fund to Danish listed group Jeudan. The (...)

Listed 18/02/2019

Germany's Patrizia grows operating income 72% to €141m, AUM at €41bn

German property group Patrizia reported a 72.1% rise to € 141.4m in operating income in 2018 preliminary figures, with total assets including managed funds (...)

Listed 19/09/2018

German Patrizia renames all units under parent brand

Less than a year after the takeover of real estate managers TRIUVA and Rockspring, German listed Patrizia has brought all group units under the single shared (...)

Office 25/07/2018

Germany’s Patrizia in €90m Brussels office buy for Swiss client

German listed investment management group Patrizia said it has paid €90m to acquire an office building in Brussels CBD on behalf of a Swiss (...)

Finance 19/02/2018

German Patrizia, reporting 14% operating rise in 2017, sees faster growth this year

Fast-growing German listed property group Patrizia reported a preliminary 14% rise in operating income last year to €87m, and said it expects growth of (...)

Office 19/12/2017

Germany's listed Patrizia acquires UK-based Rockspring, boosts AUM to €40bn

In the second large German acquisition this week, listed Augsburg-based Patrizia announced Tuesday that it is buying the London-based real estate fund manager Rockspring, boosting managed assets (...)

Finance 13/11/2017

Germany’s Patrizia takes AUM over €30bn with purchase of Triuva fund manager

German listed Patrizia has acquired investment manager Triuva, the former real estate institutional fund arm of IVG, boosting total managed assets by some €9bn to over (...)

Office 22/10/2017

Patrizia eyes more acquisitions, settles Union Investment payout dispute

German listed investment manager Patrizia is planning further acquisitions and has around €700m in liquidity for this, CFO Karim Bohn said in a interview. It has also settled (...)