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AROUNDTOWN SA

Listed 28/10/2019

€25bn property mega-merger looms as Aroundtown agrees bid basis for TLG

A €25bn European real estate mega-merger is looming after Luxembourg's Aroundtown won approval for a takeover bid for Berlin's TLG to create a firm (...)

Finance 16/10/2019

German property investment, at €43bn in first 9mths, 2019 set for record

German property investment reached almost €43.4bn in the first nine months of 2019, with €18.5bn in 3Q19 alone, and looks set to hit a (...)

Hospitality 09/10/2019

European hotel investment rises 4.3%yy to €16bn, driven by foreign buyers - Savills

European hotel investment remains robust in 2019, reaching nearly €16bn in the year to date, up 4.3%yy, with investor appetite still driven by international (...)

Listed 27/09/2019

Berlin's TLG, after regulatory approval, takes Aroundtown stake to 13%

Berlin's TLG Immobilien, after regulatory approval, has exercised a call option on 3% of larger counterpart Aroundtown, adding to a 9.99% stake acquired at (...)

Listed 20/09/2019

Recent M&A activity seen unlikely to signal a wave of take-private deals

Despite European listed real estate trading predominantly at discounts to NAV, recent renewed M&A activity is unlikely to signal a wave of take-private deals, (...)

Listed 19/09/2019

CEE's listed Globalworth raises NOI 31.5% to €68m in first half

CEE listed office investor Globalworth reported first half net operating income up 31.5% at €68.0m, with a portfolio value - in Romania and Poland - up (...)

Listed 18/09/2019

Berlin's TLG raises €1bn financing at 1.875% to cover 10% Aroundtown stake

Berlin's TLG Immobilien has raised €1bn financing at 1.875% to cover a 9.99% stake in peer Aroundtown as the two move toward a merger (...)

Listed 02/09/2019

Germany's TLG pays €1bn for 10% stake in Aroundtown as the two eye merger

Listed German property firm TLG Immobilien has taken a €1bn, near-10% stake in peer Aroundtown and said the two companies will begin talks aimed (...)

Hospitality 05/07/2019

Aroundtown pays €900m for German, Benelux assets said to be Center Parcs

Listed real estate investor Aroundtown is paying €900m for properties in Germany and Benelux said by informed sources to be Center Parcs leisure assets (...)

Logistics 14/05/2019

Globalworth rebrands logistics, starts new €36m Romania project

AIM-listed Globalworth, based in Romania, is rebranding its logistics portfolio as part of its strategy to consolidate its position in the segment, and is launching (...)

Listed 23/04/2019

Europe's listed property shifts as Baer takes Spain stakes, Aroundtown raises at Globalworth

Europe's listed property holdings are shifting. Swiss Julius Baer has taken stakes in Spain's Metrovacesa and Neinor, while Aroundtown's holding in AIM's Globalworth has (...)

Office 04/04/2019

Globalworth Poland adds Warsaw Tower, Krakow asset for €170m

Bucharest-based Globalworth, listed on London's AIM, said its Polish unit has made two acquisitions in Warsaw and Krakow, for a combined value of €169.9m. The (...)

Listed 28/03/2019

Aroundtown FFO rises 38% to €406m in 2018, portfolio surges 45% to €14bn

Fast-growing listed group Aroundtown, focused on office and hotels in Germany and Netherlands, boosted 2018 FFO 38% to €405.7m. Its portfolio soared 45% to €14.2bn. The (...)

Listed 19/03/2019

Aroundtown takes 12% stake in Bucharest office firm Globalworth

Luxembourg-based Aroundtown, to date focused on commercial property in Germany and the Netherlands, has taken an 11.8% stake in Bucharest office group Globalworth. Stock market ad hoc (...)

Listed 18/03/2019

Lux Grand City boosts 2018 FFO 11% to €198m, 2019 guidance up to €213m

Luxembourg-registered housing firm Grand City Properties, an affiliate of Aroundtown, grew 2018 FFO by 11% to €198m, though net profit fell. This year’s FFO (...)

Listed 28/11/2018

Largest quoted German CRE firm Aroundtown ups AUM 34% to €13.2bn

Listed German commercial property group Aroundtown, the nation's largest by assets, grew its portfolio 34%yy to €13.2bn in third quarter. Funds from operations rose 12% (...)

Listed 30/08/2018

Aroundtown's IH FFO surges 46% to €189m, AUM up €3bn ytd

Fast-growing European commercial property group Aroundtown posted a 46% surge in first half FFO to €189m, up 6% per share, and made over €1.4bn of acquisitions, (...)

Listed 27/08/2018

Germany-focused Grand City boosts 1H FFO 16% to €99m

Germany-focused listed housing firm Grand City Properties, an affiliate of the Aroundtowngroup, increased first half funds from operations by 16% to €99m, and said it (...)