Property Press Releases

Baden-Württemberg, 2010-04-13 | Property Events

• Topping-out Ceremony for YOUNIQ AG in Karlsruhe

  * Completion of first 171 student apartments in time for 2010/2011 winter semester * Total of 337 apartments planned on Degenfeldstrasse/ Gottesauer Strasse

  Corinna Kaspar (Business Network Marketing- und Verlagsgesellschaft) for YOUNIQ AG

Hessen, 2010-04-12 | Property Markets, Commercial property: Office, estate agent

• Office letting market in Frankfurt 1st quarter 2010 in comparison to last nine years: Worst result after 2004

  The total letting performance in Frankfurt in the 1st quarter 2010 is approx. 54,906 sqm office space. With this the office market has achieved its second-worst result since 2002: During the past nine years even less office space, 36,500 sqm, was transacted in the 1st quarter 2004.

  Silke Hoffmann for NAI apollos

Bayern, 2010-04-09 | Companies

• Fair Value REIT-AG plans conversion to € 2 nominal share value

  Move increases flexibility for possible future capital market transactions

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

Germany, 2010-03-30 | Property Markets, estate agent

• King Sturge Real Estate Economy Index: Real Estate Climate Achieves 90 Point Peak, the Highest since the Collapse of Lehman Brothers

  * Hitting an 103.4 point apex, Investment Climate documents extraordinarily high willingness to invest * Real Estate Economic Situation continues its steady climb as it reaches 172.7 index points

  Ute Gombert for King Sturge Deutschland

Netherlands, 2010-03-29 | Property Funds, Commercial Property Investment, Property Investment, Commercial property: Logistics

• Commerz Real Institutional Fund Acquires Logistics Centre in the Netherlands

  * Property is fully let to an international shipping company * Total investment volume approx. 28 million euros

  Markus Esser for Commerz Real AG

Germany, 2010-03-24 | Property Funds

• Commerz Real Merges its “hausInvest” Funds

  * Creating Europe's largest open-ended real estate fund by far * Investment focus will be on Europe, with global components mixed in * Future fund name: hausInvest

  Markus Esser for Commerz Real AG

Germany, 2010-03-24 | Running Deal Commercial Property

• Swiss Investor Corestate Wins operative Asset Management Mandate for € 110 Million Portfolio

  WGF Group commissioned Corestate, a Swiss capital investment company, to handle the operative asset management of residential real estate with a total area of about 140,000 square metres. The service agreement was signed for an initial period of five years.

  Silke Otto for CORESTATE Capital AG

Bayern, 2010-03-24 | Companies

• Fair Value REIT-AG announces final financial figures for 2009

  • Adjusted consolidated net income (in accordance with EPRA) of € 6 million • Valuation-related decline in income leads to consolidated net loss of € 2.9 million • Equity ratio pursuant to § 15 REIT-G (German REIT Law) amounts to 45.5% • EPRA-Earnings of 45 ct per share forecasted for 2010

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

Germany, 2010-03-23 | Awards

• COMFORT wins the Immobilienmanager Award 2010

  Retail property specialist, COMFORT, has won the Immobilienmanager Award 2010 in the category of Property Agent. The main reason for the jury's decision to present the award to COMFORT was its agency services in conjunction with a contract of lease for Petershof on Petersstrasse 20 in Leipzig.

  Kathrin Friedrich for COMFORT Gesellschaft für Geschäftsflächen- und Unternehmensvermittlung Holding mbH