[Translate to Englisch:] Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen Immobilien Objekte Asset Management ZuverlĂ€ssigkeit Property Management Transaktion Due Dilligence Kommunikation Arbeiten Vermarktung QualitĂ€t Stiftung GeschĂ€ftsberichte Banken Finanzen Möglichkeiten Finanzkommunikation KreativitĂ€t Rendite Anlagefokus Innovation Gewerbeimmobilien Deutschland BĂŒro Gewerbe Einzelhandelsimmobilien Immobilienportfolio Service Vermietung Eigenbestand Projektion Wertsteigerung Refurbishment Investitionen Leistung Projektentwicklungen Vielfalt Ertragspotenziale Know-how Portfoliostrategie Diskretion Portfolio Management Ideen Objektpositionierung Infrastruktur Professionell Nutzungskonzeption Development Investment Core Plus Anspruch Opportunity Objektpositionierung Hochwertig Premium Lage Anlage Profile Design Funktion Referenzen Erfolg Produktion Wertschöpfung Chancen

Cording Real Estate Group, the Northern European real estate investment and asset management firm, has strengthened its UK private rented sector ...

Cording Real Estate Group, the Northern European real estate investment and asset management firm, has strengthened its UK private rented sector (PRS) team with the appointment of Paul Waggott as Fund Financial Controller.

Reporting to Philip Gittins, Finance Director, Paul will work in Cording’s UK finance team alongside the commercial and residential investment management teams. A particular focus of Paul’s role will be to work on Cording’s newly launched £400m UK residential fund announced last week.

Prior to joining Cording, Paul was a Commercial Finance Manager at Landsec, where his responsibilities included financial ownership of a ÂŁ3bn London property portfolio. He also managed the year-end reporting process and was tasked with identifying sites for redevelopment and preparing fully-costed appraisals for the schemes.  

Prior to this role, Paul was a Group Reporting Accountant, where his duties included preparing monthly and quarterly management reports and analysing the Company’s financial results.

Before joining Landsec, Paul began his career with Ernst & Young in Cape Town as an Audit Assistant Manager, before transferring to their London office as an Audit Executive.

Paul is a graduate of the University of Cape Town and is a Chartered Accountant registered with the South African Institute of Chartered Accountants.

Philip Gittins, Finance Director at Cording, said: “Paul’s track record and experience in the profession are second to none and we are thrilled to have him on board to support our ever-growing PRS platform and our commercial real estate team at Cording.”

Munich, 14 August 2018 – RLI Investors (RLI), an independent asset and fund manager and specialist in logistics property, has acquired a transhipment ...

Munich, 14 August 2018 – RLI Investors (RLI), an independent asset and fund manager and specialist in logistics property, has acquired a transhipment hub in Neumunster, completed in 2018, for the portfolio of the RLI Logistics Fund–Germany II. The vendor of the state-of-the-art asset in the off-market transaction is the property holding company Donaubogen Drei mbH, a company of the Hamburg-based Property Team and Wegner Immobilien. Standing on a 15,000 square metre site, the property provides around 3,000 square metres of logistics and office space. It is let to Deutsche Post Immobilien GmbH for its occupier DHL Express for a fixed term of 15 years. The parties agreed not to disclose the purchase price.

DHL operates the transhipment centre in Neumunster for express shipments to Schleswig-Holstein. The property replaces the former DHL-Express location in the city, which had become too small because of the massive increase in the volume of shipments in recent years. The transhipment centre is located in Schleswig-Holstein's largest industrial area in NeumĂŒnster-SĂŒd, where other logistics and CEP service providers, some of them international, are based.

The law firm Glock Liphart Probst advised RLI on legal issues, technical matters were covered by BrandBerger. The sale was brokered by LĂŒtgen Breiholdt Immobilien GmbH & Co. KG. TÜV SĂŒd is responsible for property management.

This acquisition has increased the portfolio of the RLI Logistics Fund-Germany II special AIF to six properties. The fund invests in Core/Core+ logistics properties in Germany. Institutional investors can continue to invest in the fund in the framework of the third closing. It has a target investment volume of 400 million Euro. 173 million Euro has already been invested. Six further properties are under investigation for potential acquisition.

Cording Real Estate Group, the Northern European real estate investment and asset management firm, today announces the launch of the ÂŁ400 million ...

Cording Real Estate Group, the Northern European real estate investment and asset management firm, today announces the launch of the ÂŁ400 million Cording UK Residential Investment Fund that will invest in the private rented sector (PRS) on behalf of Continental European investors.   
 
The fund has been launched with equity commitments of ÂŁ100 million from German institutional investors. Cording is expecting to raise an additional ÂŁ150 million of equity commitments from Continental European institutional investors. Using leverage, the fund will have ÂŁ400 million to create a diversified portfolio of PRS assets in the coming four years, delivering sustainable income distributions over a long-term holding period. The fund aims to deliver to its investors a net income return of more than 5% per annum.

The fund can enter into forward commitment and forward funding agreements.  It will also have the ability to acquire completed PRS investments which are fully leased. The fund has a strong pipeline of investment opportunities and expects to transact on its first two deals shortly.

Using a unique and comprehensive research approach, Cording focusses on the lower-to-mid end of the market and has identified a number of regional cities and Greater London locations where demand for rented accommodation is forecast to stay strong and supply is constrained.

John Partridge, Chairman of Cording, said: “We are delighted with the support shown by our investors towards our PRS team and our vertically-integrated approach, providing in-house development management, portfolio management, asset management, leasing and property management.”

The open-ended fund is domiciled in Luxembourg in the form of a SCSp SICAV RAIF. Pancura S.A. is the Alternative Investment Fund Manager and Aztec Group is the Central Administrator. Cording was advised by Clifford Chance in Luxembourg and Frankfurt. 

Berlin, 10 August 2018 – TSC Real Estate Germany GmbH, Berlin, the German arm of Threestones Capital Group, has advised TSC Berlin Residential ...

Berlin, 10 August 2018 – TSC Real Estate Germany GmbH, Berlin, the German arm of Threestones Capital Group, has advised TSC Berlin Residential SICAV-SIF fund, the residential property investment vehicle of Threestones Capital for the acquisition of a residential property in Berlin-Pankow. The parties agreed not to disclose the purchase price. The property provides 15 apartments, which are fully let, in a total lettable area of around 840 square metres. Most of the apartments are smaller than 30 square metres and therefore match the prospective requirements of the Berlin housing market. In addition to modernisation requirements, the property has secured potential for fitting out the attic floor. Berthold Becker, Managing Director of TSC Real Estate Germany, comments: "The Berlin housing market is very dynamic. Pankow is particularly benefiting from Berlin's growing population. The population of the district has increased by 12% over the last ten years. As more than half the residents live in single-person households, small apartments are particularly sought-after. Pankow also boasts the second-highest net household income in the capital. We therefore see the best opportunities to make this property adequately available to the rental market in the long term with our active and comprehensive management approach".

Launched in 2014, the TSC Berlin Residential fund is an open-ended real estate fund aimed at a diversified group of investors, including institutional. It invests in Berlin residential properties in central and up-and-coming locations, with potential for value growth. The fund has so far invested in 17 residential assets.

Frankfurt, 6 August 2018 − Kintyre Investments, the specialist real estate investor and asset manager, has agreed to let additional space in the ...

Frankfurt, 6 August 2018 − Kintyre Investments, the specialist real estate investor and asset manager, has agreed to let additional space in the “Drehscheibe” shopping centre, Bochum, to Postbank taking the total area it occupies to 2,200 sq m.

Postbank has taken a long lease on 950 sq m of ground floor accommodation in the shopping centre. It has been in occupation of around 1,250 sq m on the 2nd floor since 2017, prior to the reconfiguration works Kintyre is currently undertaking in the 12,000 sq m shopping centre.

Taking the additional space will allow Postbank to open a flagship office, with a Postbank branch on the ground floor. The second floor space is occupied by Postbank's financial advisory department, including its estate agency, together with DSL bank and the commercial and corporate client specialists.

Marius Ohlsen, Partner at Kintyre, comments: "The repositioning of the 'Drehscheibe' is progressing rapidly. The reconfiguration works we initiated are already bearing fruit for the tenants, shoppers and owners of the shopping centre, who are all benefiting from our proactive, full-service management approach. We will continue to work towards a complete letting of the centre so that it provides a distinctive shopping experience to the residents of Bochum and visitors to the city. Through the repositioning we are looking to create a more mixed environment bringing a greater vibrancy to the centre and generating an exciting retail and leisure environment for local residents and visitors to the city."

The repositioning aims to improve the quality of the shopping experience for customers and to increase the dwell time by optimising the sector and tenant mix. The project includes increasing the proportion of cafes and restaurants in the centre and Kintyre is already in negotiation with several potential tenants interested in space at the centre, which currently has 35 tenants, including the anchor tenant Rewe.

Kintyre acquired a stake in the shopping centre in summer 2017, when it also agreed a long-term management contract for the provision of letting, asset and centre management services. Since then, Kintyre has successfully worked on repositioning "the "Drehscheibe" (literally "hub") in the pedestrianised zone at the heart of Bochum's main shopping street.

Following the lettings to the Postbank the weighted average unexpired lease term (WALT) has increased to around six years from four years when Kintyre took over the asset and centre management just twelve months ago.

Reiss & Co. Real Estate MĂŒnchen GmbH (Reiss & Co.) has let the en-tire 11th floor of "HIGHRISE one", with 740 sq m of office space, ...

Reiss & Co. Real Estate MĂŒnchen GmbH (Reiss & Co.) has let the en-tire 11th floor of "HIGHRISE one", with 740 sq m of office space, on a long-term lease to the Mu-nich firm G&W Software AG. The new tenant specialises in integrated AVA software and construc-tion management solutions for building and maintenance.
The lease starts in early 2019. The company, with its 26 staff, is moving from Arnulfstrasse in the Werksviertel district. Development, sales and support are based at its headquarters in Munich.
Flörsch Gewerbeimmobilien UG advised the tenant on taking the accommodation.
Deka Immobilien GmbH acquired the property in 2017, for the open-end public real estate fund Deka-ImmobilienEuropa. The property was completed on schedule in Q4 2017. The accommoda-tion is already over 87% let.
The individual office units in the new landmark building have flexible layouts, starting at 370 square metres in the tower. At present, only the office space on the 12th to 14th floors is still avail-able to let.
"HIGHRISE one" was designed by the famous Steidle Architekten architectural practice. The property provides around 19,000 square metres of state-of-the-art office space. The five-storey plinth structure is designed around a centre 17-storey tower. "HIGHRISE one" also features a 3-level underground car park, with 195 individual parking spaces available for tenants.
The property has already been awarded a DGNB Gold Certificate for a sustainable office and ad-ministrative building.

Frankfurt, 18 July 2018 − M7 Real Estate (M7), the pan-European real estate investor and specialist asset manager has, on behalf of the M7 European ...

Frankfurt, 18 July 2018 − M7 Real Estate (M7), the pan-European real estate investor and specialist asset manager has, on behalf of the M7 European Real Estate Investment Partners IV (M7 EREIP IV) fund, let around 12,650 square metres of space at Wilhelm-Sinsteden-Strasse 5, 7 in Kleve, North Rhine-Westphalia. This comprises approximately 10,500 square metres of warehouse space and 2,150 square metres of offices. Built in 2001, the property also includes 90 car parking spaces.

The new tenant of the property is part of the DIRKS Group GmbH & Co. KG.

M7 took over the management of the vacant property on acquisition, in March 2018. The new lease means that the property is now fully let for the long term.

Realogis Immobilien brokered the deal for M7.
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