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Corestate Capital Group

Career 05/02/2020

Thibault Ancely to head Tristan Capital Partners in France

Originally, Thibault Ancely, 42, was to join WeWork's French teams last fall. But, according to BI sources, the former executive director of investments and (...)

Housing 19/12/2019

German listed Corestate, US Bain agree €500m Polish student housing partnership

German listed Corestate Capital has agreed a €500m financing and coinvestment partnership in Polish Micro-Living with Bain Capital aimed at converting properties into student housing. Bain Capital (...)

Retail 02/12/2019

Corestate places German mixed portfolio with annual rent of €17m

Corestate Capital has placed a large German mixed portfolio with total GLA of 121,000 sqm. With annual rental income of €17.4m, this indicates a (...)

Housing 21/10/2019

Corestate extends Spain micro-living to €230m with Barcelona asset

Frankfurt-listed investment manager Corestate is developing another micro- living project in Spain to take its total strategy investment in the nation to €230m for (...)

Listed 17/10/2019

Corestate says business plan 2019 is on track after 16% share price slide

Frankfurt-listed Corestate Capital has reiterated that its business plan 2019 is on track, following a 16% slide in its share price late Wednesday. In a (...)

Listed 09/10/2019

Frankfurt-listed Corestate pays €86m for Berlin office in JV with Carlyle, Bluerock

Frankfurt-listed Corestate Capital has entered a joint venture with the US Carlyle group and the Swiss Bluerock to purchase Berlin's Tempelhof Twins office block (...)

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 (...)

Listed 27/08/2019

Corestate 1H net slips to €48m; says French STAM buy is key to European platform

Frankfurt-listed Corestate Capital reported a slip in 1H19 net to €47.8m and said its takeover of French manager STAM is a key step toward (...)

Housing 10/07/2019

France’s STAM Europe adds historic Paris multi-family for main resi fund

French manager STAM Europe, in the process of being acquired by German listed Corestate Capital, is adding 2,100 sqm of historic Paris multi-family to (...)

Finance 09/07/2019

"We offer Corestate a gateway to France"

Founded in 1997 and managing €1.4bn in assets, Paris-based investment manager Stam Europe has been acquired by German-listed Corestate Capital. In an exclusive interview (...)

Listed 08/07/2019

Frankfurt's Corestate acquires French investment manager STAM Europe

In a deal that will boost managed assets by €2bn, Frankfurt-listed Corestate Capital is acquiring French real estate investment manager STAM Europe. No financial details (...)

Office 02/07/2019

Germany's NAS Invest adds Nuremberg office asset for €120m

Independent Frankfurt-based manager N A S Invest has acquired a multi-tenant office property in Nuremberg for a total investment of €120m.  The firm, founded in (...)

Listed 28/06/2019

Corestate takes JOYN Serviced Apartments to €600m with Bremen asset

Listed investment manager Corestate Capital has acquired a property in Bremen for its micro-living portfolio, taking its Serviced Apartments line JOYN to a volume (...)

Housing 29/05/2019

Berlin Medici Living expands into Poland, targeting €200m initial investment

Berlin co-living group Medici Living, which has won investment from Corestate Capital and its founder Ralph Winter, is expanding into Poland, targeting an initial (...)

Listed 26/04/2019

Corestate to expand product range, increasing focus on micro-living, private debt

Frankfurt-listed Corestate Capital will significantly expand its product range particularly in micro-living and private debt, with the latter focusing notably on residential projects.  In a (...)

Housing 25/04/2019

Germany's Medici Living expands into Spain, Portugal

Berlin-based co-living provider Medici Living is expanding into Spain and Portugal, planning to invest around 20% of the investment provided by Corestate Capital in (...)

Retail 18/04/2019

Corestate closes Highstreet VIII fund at €250m investment volume

Frankfurt-listed Corestate Capital says it has closed its high street retail fund Highstreet VIII reaching the target investment volume of €250m by adding its (...)

Office 04/04/2019

German-focused Corestate acquires value-add asset in Munich for €54m

At an investment volume of around €54m, German-focused listed manager Corestate Capital has acquired a value-add commercial property in Munich with two-thirds office use. The (...)

Listed 21/03/2019

Corestate names Schnidrig new CEO, confirms 2019 net profit target

Germany-focused Corestate Capital has named Lars Schnidrig as new CEO, extended CIO Thomas Landschreiber's contract and confirmed a 2019 net profit target up to €140m. The appointment of Schnidrig, until (...)

Finance 18/03/2019

Mipim attendees at 26,800 as German execs see property sector in good shape

The 30th MIPIM trade fair in Cannes attracted 26,800 professionals, including over 5,400 investors and 560 political leaders, organisers said, as German executives said (...)