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Bayerische Versorgungskammer

Retail 19/12/2023

Champs-Élysées : luxury, records and envy

By the summer of 2022, the 150 Champs-Élysées building had already made headlines for a €650m deal. It was acquired from Groupama Immobilier by (...)

Office 10/03/2022

Allianz Real Estate, Edge and BVK: a trio for a €1.3bn program in Germany

Allianz Real Estate is set to build and develop a series of office assets in Germany's four largest cities - Berlin, Hamburg, Munich and (...)

Retail 03/11/2020

Invesco Real Estate buys Paris 8th’s 6-12 rue du Faubourg-Saint-Honoré for €270m

The health and economic crisis does not (yet) seem to have had an impact on high street retail investment in Paris. Invesco Real Estate, (...)

Retail 09/10/2020

Invesco Real Estate sells 144 Rivoli in Paris to Ingka Investments

US manager Invesco Real Estate has sold 144 Rivoli, a mixed-use asset located in the 1st arrondissement of Paris, to the Dutch company Ingka Investments (...)

Finance 17/03/2020

Coronavirus : Germany’s BVK places moratorium on real estate investment decisions

German Bayerishe Versorgungskammer (BVK) state pension provider has placed a four to six-week minimum moratorium on real estate investment decisions, according to London-based media PERE. Rainer Komenda, Head (...)

Finance 08/10/2019

Swiss Life Asset Managers grows European real estate portfolio to €86bn

Swiss Life Asset Managers, part of the Zurich-based insurer, continues to grow its real estate portfolio, holding €86.5bn, 6.8% or €5.5bn more than at (...)

Housing 19/09/2019

Germany's Patrizia takes Danish resi holdings to €1.4bn with forward deal

German investment manager Patrizia has boosted residential property holdings in Denmark to €1.4bn with a forward purchase of a 136-unit project in Aarhus on (...)

Office 12/09/2019

Allianz purchases 65,000 sqm Berlin ‘smart’ office project from EDGE for JV

Allianz Real Estate has purchased a ‘smart’ office development in Berlin from EDGE for a JV between group firms and Universal-Investment acting on behalf (...)

Housing 09/09/2019

Corestate pays €60m for Cologne micro apartment project for Bavaria's BVK

Listed investment manager Corestate Capital has acquired a micro apartment project in Cologne-Deutz for a special fund managed by Bavaria's BVK for an investment volume of (...)

Retail 28/08/2019

French 2Q retail investment falls 24%qq to €550m but household morale seen good

Investment in French retail property fell by 24% between the first and second quarters to €550m, taking total in 1H19 to €1.3bn but household (...)

Housing 24/07/2019

Patrizia boosts Ireland portfolio to €650m with €93m Dublin resi project

German listed investment manager Patrizia has boosted its Irish portfolio to €650m with the €93m acquisition of a residential project in the capital Dublin. The (...)

Hospitality 11/04/2019

Bavaria's BVK, GBI launch hotel fund targeting initial €500m

Bavarian pension plan investment manager BVK is launching a new hotel fund for Germany, Austria and Switzerland with developer GBI, setting the initial investment (...)

Finance 04/04/2019

California's CalSTRS, Germany's BVK add European strategies to boost returns

Two major pension funds, California's CalSTRS and Germany's BVK, are raising targets for European real estate and adding strategies to boost returns, the INREV (...)

Office 18/02/2019

Germany's GEG pays €140m for office buildings in Düsseldorf, Mainz

GEG German Estate Group, a private investment manager partly owned by the US KKR group, has paid €140m to acquire two office properties in (...)

Housing 24/01/2019

BVK Nordic housing rises to €820m with CapMan portfolio acquisition

Munich-based pension giant BVK has taken its holdings in Nordic housing to €820m with the acquisition, made on its behalf by Helsinki's CapMan Real Estate, of a (...)

Office 20/12/2018

Swiss Life, Germany's Universal pay reported €390m for Munich office complex

Swiss Life Asset Managers and Germany's Universal-Investment have, in a deal reported to be worth €390m, acquired the Oskar office complex in Munich on behalf (...)

Retail 18/12/2018

Norges pays €613m cash to add Paris Champs-Elysées Nike flagship

Norges Bank, manager of Norway's giant Pension Fund Global, has signed a €613m cash deal to acquire a retail/office property on Paris's prestigious Champs-Elysées (...)

Retail 09/05/2018

Apple lease, 20yr plan key to €600m price-tag for Champs Elysees - Hines France MD

Business Immo: Why did you buy the 114 Champs-Élysées for almost €110 000 per sqm? Xavier Musseau: This transaction is atypical both in terms of (...)