Business Immo, the real estate website

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Office 17/01/2018

German BayernLB's Real I.S. acquires €110m Vienna complex for new fund

German BayernLB's real estate fund manager Real I. S. has launched a special investment fund for three German pension funds, and acquired the fully-let (...)

Office 17/01/2018

UK, Germany power European 2017 RE investment to peak; logistics, hotels lead - CBRE

A strong UK market and a near record in Germany last year boosted commercial real estate investment in all of Europe by 9.3% to (...)

Office 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 16/01/2018

Eastern Europe property yields still high, but demand holds steady - CBRE

Unlike yields in some of western Europe, those in core central and east European property markets - Poland, Czech Republic, Slovakia, Romania and Hungary (...)

Office 16/01/2018

Austrian property investment soars to peak €4.8bn, half from Germany - CBRE

Investment in property in Austria hit a record €4.8bn last year, says adviser CBRE, easily beating the prior €3.9bn peak in 2015. Over half (...)

Office 12/01/2018

German 2017 office take-up surges 16% to peak ; rent rises should continue - BNPP RE

German 2017 office space take-up surged 16% to a record 4.3m sqm in the eight major urban locations as vacancies plunged 13% and top (...)

Office 11/01/2018

German 2017 CRE investment hits record €57bn, 2018 to depend on rates, bonds - JLL

Investment in German commercial property last year hit €56.8 bn, shattering the prior record set in 2015 by €1.7 bn, and up 7% from (...)

Office 11/01/2018

Vienna's CA Immo reports 2017 sales of €370m, including Frankfurt's Tower 185

Vienna-based listed CA Immo, the centre of a merger concept developed by senior shareholder and peer Immofinanz, said it signed property sales last year for some €370m (...)

Office 09/01/2018

2017 Paris CRE investment falls 8% to €18.5bn but office lettings rise - Immostat

Total commercial real estate investments in the Paris Ile-de-France region fell 8% last year to €18.5bn from 2016, though demand for office space was (...)

Office 05/01/2018

Maturing Euro RE cycle leads investors into 'structural tailwind' assets - RCA

The maturity of the real estate cycle in Europe is leading more investors into asset classes that benefit from 'structural tailwinds', says global data (...)

Office 04/01/2018

Singapore giant Capitaland pays €245m for first German CRE, eyes more in Europe

Singapore property giant CapitaLand, present in Germany with serviced residence REIT Ascott, has acquired its first commercial property there - and outside Asia - (...)

Office 20/12/2017

German GEG buys Frankfurt's Japan Center from Commerz Real for €280m

The GEG German Estate Group, privately-held by the domestic Deutsche Immobilien Chancen group and US-based investor KKR, said it has acquired the Japan Center in Frankfurt (...)

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 (...)

Office 18/12/2017

China's Fosun to grow Paref in Paris, Europe, even as Beijing pressure intensifies

Just two months after acquisitive Chinese group Fosun took control, French real estate manager Paref is making ambitious plans to expand in Paris and other European (...)

Office 01/12/2017

US Principal Financial takes control of London's Internos Global Investors

US based investment management giant Principal Financial Group is to take over London-based Internos Global Investors in an agreed cooperation, the two firms have (...)

Office 01/12/2017

Electoral law, GDP growth, supply shortage seen compressing Italian office yields

Helped by a new electoral law, GDP growth momentum and a supply shortage, Italian office sector dynamism is picking up and should produce rental (...)

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 (...)

Office 22/11/2017

C&W study of office rents near Paris RER stations points to Grand Paris opportunities

A study of rental values in office buildings close to stations on Paris’s RER light rail sytem shows opportunities for investors and users, plus (...)

Office 19/11/2017

Vienna’s Millennium Tower said acquired above 3.7% by Cologne’s Art-Invest

Cologne-based Art-Invest Real Estate said it will seek more assets in Austria after its first purchase there of Vienna’s Millennium Tower on the banks of the (...)

Office 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 (...)