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Commerzbank

Finance 05/10/2023

Accor successfully places €500m hybrid perpetual bond issue

Accor today successfully placed a €500m perpetual hybrid bond with a 7.25% coupon. "The transaction was oversubscribed by approximately four times, reflecting renewed investor (...)

Career 05/06/2020

Commerz Real CEO Andreas Muschter moving to The Student Hotel

Commerz Real’s Supervisory Board has just appointed Johannes Anschott as the interim Chief Executive Officer with effect from 5 June 2020. He is assuming (...)

Office 09/01/2020

Commerz Real sells office property Cap Sud near Paris

Commerz Real, part of Germany's Commerzbank, has sold the office property Cap Sud in Montrouge, near Paris, to a fund managed by Credit Suisse (...)

Retail 03/12/2019

Commerz Real acquires 20% stake in 10 German Kaufhof stores

Commerz Real, part of Germany's Commerzbank, has taken a 20% stake in 10 Kaufhof department stores, intending to develop them and boost value together (...)

Hospitality 05/11/2019

Commerz holds fast buying pace with €162m S-L for Düsseldorf's Hotel Maritim

Commerzbank's property unit Commerz Real is maintaining its fast pace of acquisitions, paying €162m in a sale-leaseback for Hotel Maritim in Düsseldorf's Airport City.  The purchase, involving (...)

Finance 27/09/2019

Record Commerz Real purchase, of Millennium Portfolio, said done at €2.5bn

In the largest transaction in its history, said worth €2.5bn, Commerz Real has acquired the Millennium Portfolio of 49 German office, residential and retail (...)

Housing 22/07/2019

Commerz Real adds student, senior housing in Hanover for €36m

Germany's Commerz Real has extended its residential portfolio, investing €36m in separate student and senior transactions in Hanover, the capital of Lower Saxony state. The (...)

Listed 25/04/2019

Germany's Commerzbank, Deutsche Bank end merger discussions

Germany's Commerzbank and Deutsche Bank have broken off discussions on a merger, saying that it was determined this would not be in the interest (...)

Housing 11/04/2019

Commerzbank's Commerz Real earmarks €2bn for residential in next 4-5 years

Days after Germany's cooperative system manager made an unprecedented €1.4bn+ housing investment, Commerz Real, part of Commerzbank, said it is earmarking €2bn for residential (...)

Office 08/04/2019

Prague office is latest Korean buy, at €250m for Hanwha; Hana deal said near

Korean interest in Euro office continues: Hanwha has bought, via GLL Partners, a Prague complex for over €250m, and a second €165m purchase by Hana is (...)

Finance 05/04/2019

Commerz Real takes new digital step with stake in Bergfürst crowd-investor

Germany's Commerz Real, the property fund manager of Commerzbank, has taken a stake in crowd-investing platform Bergfürst to further its goal of becoming a digital asset (...)

Listed 22/02/2019

Paris REIT Cegereal net slides to €33m on valuations, but cash-flow stable

Paris office REIT/SIIC Cegereal posted a sharp drop in net income last year to €33.1m after €62.4m in 2017 mainly due to the high portfolio uplift (...)

Finance 21/01/2019

Germany's Commerz Real boosts 2018 deals over €5bn; Hausinvest reaches €14bn

Commerz Real, the real assets fund manager of Germany's Commerzbank, boosted transactions last year over €5bn and said its flagship Hausinvest fund grew to (...)

Office 11/01/2019

GEG's Höller sees Frankfurt office market, helped by Brexit, staying stable

Frankfurt has become a major German real estate location, taking some €10bn of the national €60bn investment last year, of which Brexit sparked probably (...)

Office 03/01/2019

Korea's Hana signs €120m sale-leaseback near Frankfurt with Commerzbank

South Korean wealth manager Hana Financial has signed to acquire an office building in Eschborn near Frankfurt for €120m in a sale-leaseback deal with Germany’s Commerzbank. The (...)

Office 19/12/2018

Munich's Cells purchase of IKB HQ in Düsseldorf said done at €230m

Munich-based private firm Cells Property Investors has acquired the 57,600 sqm former HQ complex of IKB bank in Germany's Düsseldorf with an international investor (...)

Hospitality 17/12/2018

Germany's Commerz Real, Steigenberger launch €250m hotel fund

Germany's Commerz Real, part of Commerzbank, has issued, together with the Steigenberger group, a fund for European hotel real estate targeting €250m in assets. The vehicle is (...)

Retail 12/11/2018

South Africa's MAS acquires German Flensburg mall for €62.6m

South Africa's MAS Real Estate has acquired Flensburg Galerie, a 25,540 sqm shopping centre in the northern German city of Flensburg, paying €62.55m to seller Commerzbank. In (...)

Office 01/10/2018

Hamburg's Hansainvest buys 50% of €340m Frankfurt project

Hamburg's Hansainvest has acquired 50% of the Global Tower project in Frankfurt being developed for €340m by GEG German Estate Group in anticipation of acquiring the asset on (...)

Office 24/09/2018

More Frankfurt office towers needed to match rising demand - Colliers

Office occupiers in Frankfurt are increasingly focusing on skyscrapers, making them popular investment assets and depressing vacancies to 3.7%, says adviser Colliers. Also due (...)