Business Immo, the real estate website

German Estate Group AG

Office 05/04/2019

Ulrich Höller steps down as chairman of Frankfurt-based GEG

One of Germany's most high-profile real estate executives, Ulrich Höller, is stepping down as Management Board Chairman of the Frankfurt-based GEG German Estate Group.  Höller is to take over (...)

Office 01/04/2019

GEG, in first Berlin investment, adds two Alexanderplatz assets for €365m

Frankfurt-based GEG German Estate Group has invested €365m to acquire two properties in Berlin's Alexanderplatz from Tishman Speyer: the Pressehaus tower and the New Podium project. Following the transaction, the firm's (...)

Office 13/03/2019

KKR, France's Tivoli Capital form new-generation office building JV

New York-based investment group KKR is forming a joint venture with France's Tivoli Capital to develop new-generation office buildings in the largest French cities. Without (...)

Finance 19/02/2019

Asians replacing capital diverting from Germany to S. Europe, alternatives - Quo Vadis

Some global capital is diverting from Germany into southern Europe and alternatives but Asian inflows are partially substituting for this, the Heuer Dialog Quo (...)

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 (...)

Logistics 29/01/2019

KKR, Round Hill target 400k sqm S.Europe logistics in new JV

US firms KKR and Round Hill have entered southern European logistics in a new joint venture, starting with four Spanish assets, which targets a (...)

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 21/12/2018

GEG purchases former Frankfurt ECB HQ Eurotheum for €250m

GEG German Estate, controlled by private German firm DIC and US M&A giant KKR, has acquired the Eurotheum building in Frankfurt fromCommerz Real at a cost of around €250m.  GEG said (...)

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 21/09/2018

Tishman Speyer buys Frankfurt tower for new German IM platform

Global developer Tishman Speyer has acquired the Bürohaus an der Alten Oper in Frankfurt for a new investment management platform, the third office tower to change hands in the (...)

Office 12/09/2018

GEG adds first office for Singapore GIC’s German value-add mandate

The private German Estate Group, which Tuesday announced a €275m Frankfurt tower purchase, has been mandated by Singapore sovereign fund GIC on a value-add (...)

Office 11/09/2018

GEG invests €275m to acquire 7th prime asset in Frankfurt

GEG German Estate Group, a joint venture between Germany's DIC and US-based M&A giant KKR, has invested €275m to acquire the Garden Tower in Frankfurt (...)