Catella buys Bochum resi complex for €10.5m (DE)
Catella Wohnen Europa has acquired a development of 90 affordable and fully-serviced apartments for around €10.5m in Bochum, in the most populous federal state of North Rhine-Westphalia. The residential project is targeted primarily at young professionals, offering tenants flexible short- and long-stay options. It is operated under the STAYERY … Click here to view original …
Hemsö Acquires Nursing Home in Germany
Sweden — Hemsö has acquired a nursing home in Steinfurt in North Rhine-Westphalia, Germany. The investment amount is EUR 11.9 million. Hemsö has acquired a nursing home in Greven in the district of Steinfurt in North Rhine-Westphalia in Germany. The nursing home was built in 2007, has 80 single … Click here to view original …
BNP Paribas REIM acquires German office property
LaSalle Investment Management has sold of an office property in Ratingen, near Dusseldorf in Germany, to BNP Paribas Real Estate Investment Management (BNP Paribas REIM) . LaSalle has actively managed the property over its long-term hold period. The principal tenant, Coca Cola , decided to relocate their headquarters in … Click here to view original …
redos: Funds division increases AUM to over EUR 1.8 billion in 2020
Among the total of nine properties purchased are an EDEKA supermarket with an adjacent ALDI discounter store in the North-Rhine Westphalian city of Essen, a retail park in Bad Münstereifel, also located in the state of North-Rhine Westfalia, with EDEKA as anchor tenant as well as an ALDI discounter … Click here to view original …
German resi market sees investment of €15.8bn in 2020
The German residential property market has been almost unaffected by the COVID-19 pandemic this year, according to the latest research by Savills . Transactions involving properties with at least 50 apartments changed hands for approximately €15.8bn in the first three quarters of 2020. This represents an increase of 29% … Click here to view original …
Montabaur The Style Outlets marks its fifth anniversary
Montabaur The Style Outlets, the modern outlet centre in the German Rhineland-Palatinate region, celebrates its fifth anniversary on 30 July. The centre has been managed by Neinver – a European company specialised in property investment, development and management and the second-largest operator of outlet centres in Europe – since … Click here to view original …
