Business Immo, the real estate website

Patrizia

Career 27/05/2021

Patrizia appoints Amal Del Monaco as new European Head of Asset Management and chair of country heads

Patrizia AG has announced the appointment of Amal Del Monaco as its new European Head of Asset Management and chair of its country heads. She (...)

Finance 29/01/2021

“Beds and Sheds” notch record share of investment deals in Covid-hit Europe – RCA

Investor spending on apartment and industrial properties combined took a greater value share of European commercial property transactions than offices for the first time (...)

Housing 17/12/2020

European residential markets resist to the pandemic - Patrizia

Although the Covid-19 pandemic has disrupted the commercial real estate sector over the last year, market fundamentals for investing in European housing remain largely (...)

Retail 25/06/2018

Hamburg's Warburg-HIH Invest pays €100m for German convenience retail

Warburg-HIH Invest, a joint venture between the private M.M. Warburg bank and HIH group, has paid over €100m for five local convenience centres in (...)

Housing 18/06/2018

Corestate targets €2.4bn micro-living AUM in Germany, Europe

Listed German property specialist Corestate Capital, plans to invest €2.4bn in micro-living in Germany and throughout Europe through end-2019, and said it has already deployed (...)

Office 13/06/2018

Germany's Corpus Sireo, part of Swiss Life, is latest to enter Finland, at €28m

Germany's Corpus Sireo Real Estate, part of Swiss Life Asset Managers, has become the latest major foreign fund to enter Finland, paying €28m for a commercial (...)

Retail 28/05/2018

AEW is latest to re-enter Helsinki, paying €109m for Stockmann asset

London and Paris-based AEW has become the latest large institution to invest in Helsinki, paying €108.5m for a retail-led asset in the CBD from store group (...)

Listed 18/05/2018

German Patrizia shares surge after 1Q income rises fourfold

Shares in German listed real estate group Patrizia surged by over 11% on Thursday following news that its first quarter operating income quadrupled to nearly €43m (...)

Office 17/05/2018

Singapore's CapitaLand REIT pays €356m for 2nd Frankfurt office asset

Capitaland Commercial Trust , the Singapore REIT controlled by the giant CapitaLand group, is paying €356m for a near-95% stake in Frankfurt office complex Galileo to seller Triuva, (...)

Housing 20/04/2018

Is Germany's Vonovia bidding for French SNCF's 4,000-unit resi portfolio?

In a deal being watched at home and abroad, French railway SNCF is selling a portfolio of 4,000 homes in a rare public sector sale that (...)

Finance 16/04/2018

Patrizia's Rockspring doubles return target with €400m asset sales

London real estate manager Rockspring, now part of Germany's listed Patrizia group, says it has sold eight assets from its liquidating TransEuropean Property Limited Partnership V fund (...)

Finance 19/02/2018

German Patrizia, reporting 14% operating rise in 2017, sees faster growth this year

Fast-growing German listed property group Patrizia reported a preliminary 14% rise in operating income last year to €87m, and said it expects growth of (...)

Office 19/12/2017

Germany's listed Patrizia acquires UK-based Rockspring, boosts AUM to €40bn

In the second large German acquisition this week, listed Augsburg-based Patrizia announced Tuesday that it is buying the London-based real estate fund manager Rockspring, boosting managed assets (...)

Finance 13/11/2017

Germany’s Patrizia takes AUM over €30bn with purchase of Triuva fund manager

German listed Patrizia has acquired investment manager Triuva, the former real estate institutional fund arm of IVG, boosting total managed assets by some €9bn to over (...)

Office 22/10/2017

Patrizia eyes more acquisitions, settles Union Investment payout dispute

German listed investment manager Patrizia is planning further acquisitions and has around €700m in liquidity for this, CFO Karim Bohn said in a interview. It has also settled (...)