Business Immo, the real estate website

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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 06/05/2019

Cresco Capital's STATION-Berlin buy takes AUM to €1.3bn

Private property investment manager Cresco Capital has acquired the event location STATION-Berlin and its operator, taking its assets under management to €1.3bn. No specific financial (...)

Logistics 15/04/2019

Patrizia buys €59m German cross-dock facilities from Cromwell

German listed manager Patrizia has added a portfolio of six domestic logistics assets from Cromwell Property Group for €59m for its Logistik-Invest Europa II (...)

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 26/02/2018

Allianz RE in €190m forward buy of Munich Atlas office renovation

Allianz Real Estate, a unit of the giant Munich insurer, has made a €190m forward purchase of the 26,000 sqm Atlas office building renovation (...)

Logistics 23/01/2018

UAE's Rasmala wins DekaBank financing for first German investment at €154m

Frankfurt's DekaBank has provided €94m in senior financing for the first German logistics investment by the United Arab Emirates-based Rasmala group, listed on London's (...)

Retail 14/12/2017

German GPEP, Universal Investment acquire 49-asset retail portfolio

Private German manager GPEP and the huge Univeral Investment group said they have acquired a retail portfolio of 49 properties in the nation offering (...)

Office 30/11/2017

Frankfurt's Tower 185 sold to Deka for €775m, almost €300m over 2011 cost

Austrian listed CA Immo said it has sold its largest single investment asset, Tower 185 in Frankfurt, to the Deka savings bank group for (...)