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Genesta achieves large first closing for its Nordic Real Estate Fund II (EU)

Genesta announced the first closing of its new fund – Genesta Nordic Real Estate Fund II. The fund has secured commitments of €152 mln from four institutional investors. Genesta is the first manag ...

pbb Deutsche Pfandbriefbank plans flotation (DE)

Deutsche Pfandbriefbank AG (pbb) plans a listing in the Prime Standard segment of the Frankfurt Stock Exchange (FWB). Subject to market conditions, the IPO is scheduled to take place during July 2015. ...

IMMOFINANZ sells City Box self-storage chain (NL)

IMMOFINANZ announces the sale of its City Box subsidiary. This second largest self-storage chain in the Netherlands has a total of 23 locations. The buyer is Shurgard, the market leader for storage ce ...

Cofinimmo acquires two sport and wellness centers in Germany for €53.6 mln (DE)

Cofinimmo Group acquired two sport and wellness centers located in Germany, in Hamburg and in Hanover respectively. The two facilities, which enjoy excellent locations within a luxury residenti ...

Ivanhoé Cambridge sells office properties to Genica for €1.24 bln (FR)

Ivanhoé Cambridge announced today two agreements concerning the property company Gecina. The agreement regards of the sale of two Paris office properties to Genica for about €1.24 bln. The t ...

Patron Capital and Suprema acquire Berlin office property from GE Real Estate (DE)

Patron Capital has acquired a 550,000 ft² (51,096 m²) office complex in Berlin’s Charlottenburg from GE Real Estate for an undisclosed sum. Patron has purchased the property as a redevelopm ...

Aareal Bank completes acquisition of Westdeutsche ImmobilienBank AG (DE)

Aareal Bank Group has completed the acquisition announced on 22 February 2015 of all of the shares of Westdeutsche ImmobilienBank AG (WestImmo), which specializes in commercial property financing. ...

Hansteen acquires thirteen properties for €21.65 mln in Germany (DE)

Hansteen Holdings PLC announces that it has exchanged contracts on the acquisition of 13 multi-let and single-let industrial properties located in established commercial zones across Germany, from Ben ...

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