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 (...)
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 (...)
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 (...)
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 (...)
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, (...)
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 (...)
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 German property firm TLG Immobilien has taken a €1bn, near-10% stake in peer Aroundtown and said the two companies will begin talks aimed (...)
Listed real estate investor Aroundtown is paying €900m for properties in Germany and Benelux said by informed sources to be Center Parcs leisure assets (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 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% (...)
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, (...)
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 (...)