US-based real estate investment manager Hines has acquired the Karlshöhe office portfolio in Stuttgart for over €300m on behalf of its Hines European Value Fund. The portfolio (...)
Two German lenders, Landesbank Baden-Württemberg and pbb Deutsche Pfandbriefbank are jointly providing a €500m 10-year loan to German listed housing giant Vonovia. Pbb said in a release that the funds are being provided (...)
Stuttgart bank LBBW, which last week announced it will expand in real estate fund management, has signed a €90m purchase of five office properties (...)
There never was any doubt that Berlin Sony Center’s new buyers, Canada’s Oxford Properties and New York’s Madison, would find senior financing – and now Germany’s pbb (...)