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After brokering a new logistics building of almost 28,000 m² for Dachser in Rastatt, Realogis has achieved another letting success in the Mittelbaden region. Hartmann Spedition & Logistik AG has signed a lease for 5,000 m² of warehouse and logistics space in an existing property in the Rastatt Süd industrial estate. The prope...
Union Investment has let around 1,600 m² of office space in Hamburg's Emporio Tower to the medical technology company Johnson & Johnson MedTech. The office tower is centrally located at Valentinskamp and the back office team of Johnson & Johnson MedTech's German sales organisation will move from Norderstedt to Hamburg city ce...
Student Homes Group Nido has announced the appointment of Carlo Matta as CEO to drive the business as it accelerates its growth strategy. The appointment follows the recent acquisition of Nido by CPP Investments and signals a new phase in the company's expansion plans.
CFO Marc Heß will not be renewing his contract at the end of the year. According to the company, the decision was made „by mutual agreement“. Parallel to the surprising personnel change in the finance division, Aareal Bank can report a jump in profits for the first quarter, despite high risk provisions.
In operational terms, the first three months of the financial year 2024 were a very successful quarter for TAG Immobilien AG. FFO I, which includes the German and Polish rental business, rose by 5% year-on-year to €44.6m (€+2.0m).
CA Immo has extended its long-term lease with KPMG AG Wirtschaftsprüfungsgesellschaft for a total of around 2,800 m² of rental space in the „Bürogebäude am Kunstcampus“ office building in Berlin's Europacity, not far from the main railway station. The company is the sole tenant of the building.
The Leonardo Hotel Group has acquired the Sir Nikolai Hotel of the Sircle Collection from the lifestyle hotel group Sircle Hospitality Group (SHG). The acquisition marks the debut of the Leonardo Limited Edition brand in Germany for the hotel chain, which is part of the Fattal Hotel Group.
Accentro Real Estate AG announces that a group of major bondholders of the 2020/2026 bond (ISIN DE000A254YS5 / WKN A254YS, „2020/2026 bond“), which in total account for approx. 41,6 % of the bond capital, have signed a „no action letter“.
Lübke Kelber AG has announced its preliminary business figures for 2023. Although turnover increased, the company was in the red in terms of earnings. Lübke Kelber expects a positive result for 2024.
Instone had a solid start to the year in view of the market environment. Supported by a high number of projects already sold, adjusted sales, based on scheduled construction progress, were close to last year's level.
Demire Deutsche Mittelstand Real Estate AG announces a change in the company's Supervisory Board. Kerstin Hennig left the Supervisory Board on May 1, 2024 at her own request. Ernö Theuer, Managing Partner of the Frankfurt-based investment company Crespi Group, has been appointed as a new member of the Supervisory Board and su...
BGO and Thirteen Seven have signed the first lease in Mittelweser Park. The international logistics company, ID Logistics, has committed to approximately 17,000 square metres in one of Germany’s newest, sustainability inspired logistics industrial developments. The company will occupy two units meeting WGK´s requirements, fro...
Trei sold three residential properties in Berlin to Meag with an investment volume of more than €190 million. Both companies did not disclose the exact purchase price. The properties are located in the districts of Prenzlauer Berg and Mitte.
Hauck Aufhäuser Lampe's Real Estate Investment Management team has added a fully let outpatient healthcare centre in Stolberg, North Rhine-Westphalia, to the „H&A Social Infrastructure“ real estate special fund.
Phoenix Spree Deutschland has reported a 22.4% fall in EPRA net tangible assets to €3.96 per share (24.0% drop in sterling terms) in the year to 31 December 2023. The company plans to materially increase condominium sales and unlock the inherent value within its portfolio.
On behalf of the Luxembourg fund DRED SICAV-FIS, Luxembourg real estate investment partner REInvest Asset Management has acquired the Helmholtz office building from a British asset manager.
Isar Aerospace will establish its new headquarters near Munich in the municipality of Vaterstetten. The company has signed a contract for 40,000 sqm with the VGP Group, which will develop and build the facility for the new tenant in the Parsdorf III industrial area. The new site will house the launch service provider's produc...