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Hospitality 15/12/2020

Despite performances at half-mast, France's hospitality industry can hope again - Extendam

After a second lockdown decreed on October 29th by the President of the Republic Emmanuel Macron to slow down the Covid-19 epidemic, the poor performance (...)

Listed 10/11/2020

Klépierre places a €600m 2031 bond at a 0.875% coupon

French mall REIT/SIIC Klépierre announced today the successful placement of a €600m bond maturing in February 2031 and paying a coupon of 0.875%. Subscribed more than (...)

Hospitality 15/10/2020

France’s hospitality fundamentals deteriorate in October - Extendam

The hoteliers who were apprehensive about the end of the holidays and a complicated start to the new year were right. According to the (...)

Hospitality 15/09/2020

France’s hotel activity increases during the summer, but remains in strong decline compared to 2019 - Extendam

Thanks to a domestic clientele, France’s hotel activity continued to grow during the summer, according to the monthly barometer dedicated to its recovery and carried (...)

Housing 10/09/2020

France’s Primonial partners with Spain’s Grupo Lar to develop residential rental properties

Paris-based manager Primonial has signed a long-term agreement with Spanish developer Grupo Lar for the development and management of Built-to-Rent residential assets in Spain. (...)

Listed 19/11/2019

Aroundtown, TLG to form one of Europe's three biggest property firms, with €25bn AUM

Two of Europe's largest commercial property groups, Aroundtown and TLG, are to merge into the largest firm of its kind and one of the (...)

Retail 13/11/2019

Outlets: is the enduring retail asset coming out of its niche?

“In the current wider retail malaise context, outlet centres investment activity has been relatively strong over the course of the past five years, and (...)

Listed 24/09/2019

Germany's Garbe prepares €600m IPO of Logistrial Real Estate REIT

Germany's family-owned Garbe group is preparing an IPO of up to €600m for a logistics REIT called Logistrial Real Estate, which is already seeded with (...)

Listed 18/09/2019

Berlin's TLG raises €1bn financing at 1.875% to cover 10% Aroundtown stake

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 27/06/2019

Germany's TLG places 8.5m new shares, generates fresh capital of €222m

Berlin-based TLG Immobilien has raised €222m in a cash capital increase in the form of a private accelerated book-building process placing 8.5m new shares (...)

Finance 17/06/2019

German investment in Scandinavian real estate exceeds €1bn, still growing

Scandinavian real estate becoming more attractive for German investors, with over €1bn ($1.34bn) in a record 12 investments flowing into the region last year, (...)

Finance 12/06/2019

German 1Q home loans rise 4.2% to €8.8bn; to reach €55bn this year

New German mortgage loans climbed 4.2%yy to a record €8.8bn in first quarter, and are likely to hit €55bn for the year as a (...)

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 19/03/2019

German resi prices to rise thru 2022 but slowing; at 7.4% in 2019 - Deutsche Bank

German house prices are likely to continue to rise through 2022 albeit at a slower pace, says Deutsche Bank, forecasting 7.4% growth this year. (...)

Finance 07/03/2019

European real estate steady, no material repricing likely - Deutsche Bank's DWS

European real estate is on a steady course, and even if the up-cycle has been long, no material repricing is likely in the foreseeable (...)

Finance 23/01/2019

Vienna’s Immofinanz places €500m benchmark bond, wins first-ever rating

Vienna’s listed Immofinanz has placed a €500m benchmark bond with investors and won a rating from S&P, making it the first-ever rated issue from a Austrian (...)

Office 21/01/2019

Bucharest's Globalworth expects Polish portfolio to exceed home assets

Bucharest-based Globalworth is likely to expand its Polish office portfolio quite soon over the asset value built over the last six years in its Romanian home (...)

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 (...)

Office 12/12/2018

Germany’s DWS pays €228m for Amsterdam Rivierstaete office asset

In the year's largest single asset deal the Netherlands, Germany's DWS, the asset manager of the Deutsche Bank group, has paid €227.7m to acquire the (...)

Finance 17/09/2018

Blackstone, Centerbridge said in €3bn bid for Santander’s Madrid HQ

In one of the biggest real estate deals this year in Spain, a consortium led by US funds Blackstone and Centerbridge is reportedly offering over €3bn (...)