Property Press Releases

Hessen, 2010-03-09 | Companies

• DIC Asset AG: Results for 2009 exceed forecasts

  * Operating profit (FFO) of EUR 47.6 million was above projections * Stable rental income and real estate valuations * Consolidated net income of EUR 16.1 million * Unchanged dividend of EUR 0.30 per share

  Immo von Homeyer for DIC Asset AG

Bayern, 2010-02-22 | Companies

• Fair Value REIT-AG announces preliminary results for 2009

  * Adjusted consolidated net income (acc. EPRA) beat forecasts * Occupancy rate up on previous year * Fall in income due to valuations leads to net group loss

  Dirk Stauer (cometis AG) for Fair Value REIT-AG

France, 2010-02-17 | Property Funds, Commercial Property Investment, Commercial property: Retail, Property Investment

• Commerz Real Acquires its First Shopping Centre in France

  * Newly acquired property is earmarked for the “hausInvest europa” open-ended real estate fund * Total investment volume approximates 92 million euros * Nearly 13,000 sqm in fully let retail space

  Karolina Müller for Commerz Real AG

Hessen, 2010-02-17 | Running Deal Commercial Property

• NAI apollo brings association of investment professionals into the Hessian metropolis

  The Deutsche Vereinigung für Finanzanalyse und Asset Management (DVFA), the association of investment professionals, moves from Dreieich into the financial district of Frankfurt.

  Silke Hoffmann for NAI apollo

Ireland, 2010-02-09 | People, Bank

• Changes to the Board of Directors of DEPFA BANK plc

  * Noel Reynolds appointed as new CFO * Additional Non-Executive Directors appointed

  Walter Allwicher for DEPFA BANK plc

Hessen, 2010-02-09 | Running Deal Commercial Property

• 5,800 sqm storage, service and office space in Flörsheim

  NAI apollo, market leader for the mediation of logistic and commercial properties in the Rhine-Main-area, has brokered 5,000 sqm storage space and 800 sqm service and office space to Bertrandt Services GmbH.

  Silke Hoffmann for NAI apollo

Germany, 2010-02-08 | Property Markets

• Gif presents the results of the 2009 Office Market Survey German Office Markets in the Downturn

  * Annual take-up down by 26.1% on 2008 * Top and average rents decline slightly * Vacancy rate rises to 9.2% * Completion of around 1.3 million sq m office space anticipated in 2010 * Leipzig and Dresden included for the first time

  Dr. Thomas Beyerle for gif Gesellschaft für Immobilienwirtschaftliche Forschung e.V.

Hessen, 2010-02-03 | Running Deal Commercial Property, Companies

• New mandate for NAI apollo Baumanagement from Technology Park am Siebenstein GmbH in Dreieich-Buchschlag

  NAI apollo Baumanagement GmbH, a subsidiary of the independent real estate consulting group NAI apollo, is starting into 2010 with wind in their sails.

  Silke Hoffmann for NAI apollo

Hessen, 2010-02-01 | Running Deal Commercial Property

• LN-Möbelhandels GmbH establishes new Mömax furniture store in Darmstadt

  NAI apollo mediates storage space

  Silke Hoffmann for NAI apollo