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Vonovia

Housing 23/03/2018

Spain's Testa, with 11,000 resi units, to IPO before summer - Merlin's Clemente

Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)

Housing 06/03/2018

German housing giant Vonovia boosts 2017 FFO by 21% to €921m

Vonovia, Germany's largest housing company, boosted FFO1 by 21% to €920.8m in 2017 due to organic, internal growth but also the integration of Vienna-based (...)

Finance 28/02/2018

Norway's Pension Fund ends 2017 with 3.4% of €881bn AUM property exposure

Norway's Government Pension Fund Global held 2.6% of its €881bn assets in unlisted real estate at end-2017 which produced a return of 7.5% - (...)

Housing 16/02/2018

Finnish housing firm Kojamo confirms evaluation of stock market listing

The chief executive of Finnish rental housing firm Kojamo, which owns over 34,000 residential units worth €4.7bn and is currently controlled by domestic institutions, confirmed (...)

Finance 07/02/2018

Germany's Corestate appoints Bütter as new CEO to succeed Wilhelm

Listed German real estate investor and manager Corestate Capital has appointed a new chief executive to succeed Sascha Wilhelm. He is Michael Bütter, a (...)

Housing 05/02/2018

Engel & Völkers advises €73m Buwog German resi acquisition

Hamburg-based Engel & Völkers Investment Consulting said it accompanied the successful purchase of a residential portfolio by Viennese firm Buwog from London-listed Phoenix Spree Deutschland (PSDL) as part (...)

Finance 29/01/2018

German TLG in spotlight as major shareholders assess new 23% investor

German listed TLG, managing €2.4bn in commercial real estate, is in the spotlight this week after investor Amir Dayan said he potentially controls 23% of (...)

Listed 17/01/2018

German residential developer Instone to favour IPO in first half - BIE sources

German residential property developer Instone, formed last year by the Jersey-based ActivumSG from two subsidiaries, is likely to favour a stock market flotation this (...)

Logistics 16/01/2018

Poste Immo looks into future for huge 11,000-property stock across France

Poste Immo, the property management unit of France's giant public sector La Poste postal service, is tasked with foreseeing the future for its 11,000 buildings and (...)

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 (...)

Housing 18/12/2017

German housing group Vonovia to take over Austrian peer Buwog at €29.05 shr

Giant German residential group Vonovia said on Monday that it is making an agreed offer to acquire smaller Austrian peer Buwog at a price of €29.05 per share, (...)

Housing 01/12/2017

French SNCF railways to spin off €1bn in housing, unions say

French state railways group SNCF is preparing to spin off €1bn of real estate by creating a separate firm and attracting private capital, according to union (...)

Finance 23/11/2017

German listed property AUM passes €100bn, nears largest UK sector – ZIA/Barkow

German listed real estate passed €100bn in gross value of managed assets for the first time this year, rising 26%yy to €114bn, only €12bn (...)

Housing 18/10/2017

Vonovia looks beyond Germany for housing, signs agreement with French SNI

Germany’s largest listed housing group Vonovia has made the decision in principle to seek residential assets outside Germany, and signed an agreement Wednesday with the French SNI (...)

Housing 17/10/2017

German resi stocks still offer value; price, rental cycle to go further

Investment bank HSBC remains optimistic about German residential real estate, saying in a study of the sector Monday that the end of the price (...)