Business Immo, the real estate website


Housing 26/02/2019

Corestate launches third residential fund targeting €300m, returns of 4%

Listed investment manager Corestate Capital has launched its third residential fund as an open-ended Special-AIF, targeting €300m in commitments and distributions of at least (...)

Listed 03/01/2019

Luxembourg's Corestate at year-end terminates contract of CEO Bütter

In a sudden announcement at year-end, Luxembourg-registered Corestate Capital said it has terminated the contract of Chief Executive Michael Bütter, in the post only since (...)

Office 11/12/2018

Corestate's Hannover Leasing adds Düsseldorf office project for €56m

Hannover Leasing, a unit of Luxembourg-registered Corestate Capital, has paid €55.5m to acquire an 12,100 sqm office in development in Düsseldorf, fully pre-leased to (...)

Finance 27/09/2018

Corestate's new CEO plans expansion beyond Germany, Netherlands

Germany and Netherlands-focused Corestate Capital, a listed real estate manager transitioning from private roots, has big plans to expand, seeking assets and M&A opportunities (...)

Listed 27/08/2018

Luxembourg's Corestate Capital boosts 1H net to €61m, sees positive outlook

Listed Luxembourg-based investment manager Corestate Capital reported a 167% surge in first half adjusted net profit to €60.9m, and said it is internationalising in product and (...)

Housing 01/08/2018

Corestate signs Seville student resi project; CEO says Spain a target market

Listed investment manager Corestate Capital has signed on its second Spanish student housing project, developing 413 units in Seville. CEO Michael Bütter told BIE Spain is (...)

Listed 27/07/2018

Luxembourg's Corestate launches €150m European value-add program

Luxembourg's Corestate Capital, a listed property manager focused on Germany, is launching a investment program worth up to €150m in value-add retail, office and (...)