[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 expanded its private rented sector (PRS) team ...

Cording Real Estate Group, the Northern European real estate investment and asset management firm, has expanded its private rented sector (PRS) team with a new appointment to cover this rapidly growing segment of the business.

John Molloy has joined the London office as a Senior Project Manager, Construction where his responsibilities will include project management of the ÂŁ40 million Saffron Court PRS development in Nottingham.

He joins from CRL, where he was a Risk Management/Warranty Surveyor responsible for carrying out inspections on a diverse range of sites including large multi-unit residential and office block conversions.

Before joining CRL, John was a Project Manager at Kerin Contract Management in Ireland. Prior to this, John worked at the Network Housing Group where he managed teams of consultants responsible for financial modelling, site acquisition, contract management, delivery and handover of projects including new build housing as well as regeneration and refurbishment projects across London and Hertfordshire.  

John is a member of the Chartered Institute of Building (MCIOB) and the Chartered Association of Building Engineers (MCABE).

Tim Holden, Director of Residential Development and Asset Management at Cording, said: "The knowledge, expertise and experience that John brings to Cording will further strengthen the capability of our PRS team. We are delighted to welcome him onboard."

Frankfurt, 8 June 2018 – Cording Real Estate Group (Cording), the Northern European real estate investment and asset management firm, has acquired a ...

Frankfurt, 8 June 2018 – Cording Real Estate Group (Cording), the Northern European real estate investment and asset management firm, has acquired a portfolio of mixed-use assets in the UK in an off-market transaction for £38.4 million, reflecting a net initial yield of 7.68%.

The portfolio is mixed use with a 70% weighting towards industrial, with the remainder being office and retail, in 15 locations. It was acquired from a private family trust.

The assets, which total 408,060 sq ft, are located predominantly in the south east, including Basingstoke, Brighton, Chislehurst, East Grinstead, Weybridge, Brentwood, Bedford, Westcliff-on-Sea, Bromley, Beaconsfield, central London, Farnborough, Chelmsford and Northampton.

Mark Millar, Head of UK and Investment at Cording, said: "This portfolio continues a strategy to buy well-located light industrial properties with a bias towards the south east. They currently deliver a strong income return with asset management potential to improve this in the short-to-medium term.

"As a vertically-integrated business, we are able to manage granular portfolios, such as this one, with a high proportion of industrial space, very efficiently".

Frankfurt, 7 June 2018 − Hannover Steel, the property investor and asset manager, has sold a portfolio of office properties in Bremen on behalf of a ...

Frankfurt, 7 June 2018 − Hannover Steel, the property investor and asset manager, has sold a portfolio of office properties in Bremen on behalf of a long-term private German investor for a figure in excess of EUR 20 million. Kintyre Investment, the portfolio’s asset and property manager, advised Hannover Steel on the sale of the properties, which was acquired by a German institutional investor.

The portfolio comprises two fully let office properties in Bremen's Airport City with a total area of around 11,000 square meters. Tenants included TUI, the Bremen Police and the Bremen University of Applied Sciences.

Bernd Hettwer, Managing Director of Hannover Steel GmbH, comments: "The transaction represents an unplanned opportunity for the investor to sell the portfolio to an established institutional investor. The disposal frees up resources that will be used to acquire new properties that are suitable for long-term investment helping to achieve the vendor's core strategy."

Johannes Nendel, Managing Director of Kintyre Investment, comments: "Our cooperation with Hannover Steel is long-term and, as the recent disposal in Bremen shows, has been extremely successful. Our good networking with market participants enables us to react quickly to opportunities that arise and thus implement a value-add strategy in a target-oriented manner for our customers."

BNP Paribas, Hamburg, acted as intermediary in the transaction. The vendor was advised by the law firm Bottermann Khorrami, Berlin, and the tax consultancy Dr. Gemmeke GmbH, Hanover.

Russelsheim, 4 June 2018 − MERKUR Development Holding GmbH (MERKUR), a property developer in the commercial, residential, hotel and social property ...

Russelsheim, 4 June 2018 − MERKUR Development Holding GmbH (MERKUR), a property developer in the commercial, residential, hotel and social property sectors in Germany, in a joint venture with Ballwanz Projektentwicklung GmbH (Ballwanz), a Frankfurt am Main-based developer specialising in residential property, has sold a housing project in Mainz to a professional pension fund. The transaction volume was over 27 million Euro.

The development, which was completed on schedule at the end of 2017, is situated at 'Im MĂŒnchfeld' 1-5. It comprises 78 residential units with a total of around 7,500 sq m of residential accommodation. The apartments, which have floor areas ranging between 60 and 120 sq m, are already almost fully let.

Harro Hellwege, Managing Director of MERKUR: "Completion on schedule, with a construction period of only 17 months, and handover to the investor once again demonstrates that MERKUR is a reliable and competent partner for the development and realisation of large-scale projects."

Volker Geenen, Managing Partner of Ballwanz, adds: "To be able to hand over a virtually fully let property to the investor is a major success. Our collaboration with Merkur, from the acquisition to the sale of the completed project, was distinguished by efficiency and mutual understanding."

Amsterdam, 1 June 2018 – Cording Real Estate Group, the Northern European real estate investment and asset management firm, has acquired a 3,300 sq m ...

Amsterdam, 1 June 2018 – Cording Real Estate Group, the Northern European real estate investment and asset management firm, has acquired a 3,300 sq m office building in the centre of Amsterdam as an addition to its Benelux Commercial Real Estate Fund.

Located adjacent to Dam Square, the property at Nieuwezijds Voorburgwal 162-170 has been purchased from a private investor and is occupied by Mindspace, the international co-working space provider. The five-storey property was originally constructed in 1888.

RenĂ© de Heus, Head of Investment Benelux at Cording Real Estate Group, said: “We are pleased with the acquisition of this historic building which is located in a prime position in Amsterdam’s city centre. By investing in the best locations within the Benelux we continue to build a sustainable and future-proof portfolio. Despite the strong competition, this transaction demonstrates the capability of our local team to identify the right assets. Furthermore, this transaction again emphasises the strong transaction security Cording provides for vendors.”

The open-ended special fund, Benelux Commercial Real Estate Fund, was launched in December 2016 to invest in office and retail property in the Netherlands, Belgium and Luxembourg. The fund’s focus is on properties with diversified cash flows located in economically strong cities. The fund has a gross target volume of €400 million that includes €250 million of equity.

In this transaction Cording was advised by Cushman & Wakefield, Van Doorne provided legal and tax advice. Malcolm Hollis provided technical support.

Munich, 29 May 2018 – RLI Investors (RLI), an independent asset and fund manager specializing in logistics real estate in Germany, has accompanied ...

Munich, 29 May 2018 – RLI Investors (RLI), an independent asset and fund manager specializing in logistics real estate in Germany, has accompanied the acquisition of a logistics park for Hoppegarten Investment Sarl as part of an asset advisory mandate. The seller is Hoppegarten Park Property GmbH & Co. KG. The purchase price is around 70 million Euro.

RLI manages the planned development of around 30,000 square meters of new logistics space on the site. The related marketing will be implemented by the brokers Realogis together with RLI and the owner.

The transaction is one of the major deals during the recent twelve months in the Berlin area. The logistics park, which was built in sections, is located in the emerging logistics region Hoppegarten business park near Berlin and consists of five logistics properties and an office building. The asset comprises a total of around 70,000 square meters of storage space and an office space of around 5,000 square meters.

The properties are nearly fully let. The main tenants are the logistics service provider Rhenus and the department store chain Kaufhof.

In addition to high quality and construction standards as well as the attractive expansion options the logistics park is characterized by excellent transport connections via the adjacent B1 to the Berlin Ring (A10), which is just five kilometres away.

Clifford Chance advised the seller on the legal aspects of the transaction. The deal was brokered by commercial agent Debitos GmbH.

In addition to its own fund business, RLI advises international fund and asset managers on the acquisition of logistics real estate to diversify their portfolio and subsequently assists in the management of the property. In March 2018 RLI advised Barings Real Estate on the market and technical side during the due diligence phase when it acquired the Karstadt central warehouse in Unna near Dortmund. In addition, RLI will take over the property management of the logistics object. Other mandates are in discussion.

Frankfurt, 23 May 2018 – Kintyre, the retail and office real estate management and investment specialist, has appointed Ted Walle (48) as a Partner ...

Frankfurt, 23 May 2018 – Kintyre, the retail and office real estate management and investment specialist, has appointed Ted Walle (48) as a Partner within the firm. Ted Walle is Head of Centre Management for Kintyre and his promotion recognises his outstanding contribution to the firm.

Ted Walle will maintain his current role of Head of Centre Management for Kintyre, which he has performed since joining the firm in 2016. He currently oversees Kintyre’s portfolio of 10 Shopping centres, with a staff of around 20. Prior to Kintyre, he worked for DTZ/Donaldson’s for more than a decade, undertaking the role of Head of Centre Management in Germany, responsible for 22 centres and 38 staff. Additionally, Ted Walle worked with Acrest and Sonae Sierra.

He joins the existing partnership group of Kintyre, Johannes Nendel, Adam Pearce, Paul Shiels, and Marius Ohlsen.

Founded in 2009, Kintyre is a fully independent owner and operator of commercial real estate, with the firm managing €1.1bn of real estate across Germany for its domestic and international client base.
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