Real Estate News

France, 2008-04-08 | Property Funds, Property Companies, Commercial Property Investment, Commercial property: Office

• Commerz Real Acquires Two Office Complexes in France

  Expansion of the France Portfolio Continues Office Projects Acquired for hausInvest europa Investment Volume for "Ar Mor Plaza" and "Parc Cézanne 1" Totals approx. 50 Million Euros

  Karolina Müller for Commerz Real AG

Berlin, 2008-04-02 | Property Funds, Property Companies, Commercial Property Investment, Commercial property: Hotel

• Commerz Real Acquires Hotel Project in Berlin from IVG Development

  - Project Acquired for the ProCommerz Institutional Fund - Construction Scheduled to Begin in September 2008 - Total Investment Volume approx. 22 Million Euros

  Karolina Müller for Commerz Real AG

France, 2008-04-01 | Property Companies, Commercial Property Investment

• Commerz Real Fund hausInvest europa Crosses the 10 Billion Euro Mark, and Expands in France

  - “Porte de Clichy” Project Development Acquired - Total Investment Volume of approx. 87 Million Euros

  Karolina Müller for Commerz Real AG

Netherlands, 2008-03-31 | Property Funds, Property Companies, Commercial property: Office

• Commerz Real Acquires Amsterdam Office Building

  Commerz Real signed the deed for the purchase of the “De West” project development in Amsterdam. Seller of the project was the prestigious Dutch project developer Fortress. Upon its completion in late 2008, the multi-functional office property will be added to the fund portfolio of the “Euro Property 1” institutional real estate fund. The transaction volume of the building with its gross lettable area of about 11,000 m² came to 37 million euros.

  Karolina Müller for Commerz Real AG

Nordholland, 2008-03-27 | Property Companies

• Commerz Real Property received 2008 MIPIM Award

  The “Kraanspoor” office building in Amsterdam, belonging to Commerz Real’s “Euro Office 1” institutional fund, received the MIPIM Award in the new “Green Building of the Year” category at this year’s international real estate trade fair in Cannes. Furthermore, it was honoured with the “Special Jury Award” of the year.

  Karolina Müller for Commerz Real AG

Germany, 2008-01-31 | Property Companies

• Successful Start for Commerz Real

  * New Business Enhanced in all Business Areas * Substantial Increase in Profits * Merger Transacted within a Matter of Months ■ Internationalisation and Expansion of the Product Range

  Markus Esser for Commerz Real AG

France, 2008-01-16 | Property Funds, Property Companies, Property Markets

• Commerz Real Sells Office Complex in Lyon

  Commerz Real AG just sold the “Le Danica” office complex in Lyon out of the portfolio of the CGS-Immo-Spezial fund managed by Commerz Real subsidiary Commerz Grundbesitz - Spezialfondsgesellschaft mbH (CGS). The property was sold for 49.97 million euros. The sales yield realised on the basis of current rent revenues equals 5.74 percent. Thus, the fund’s institutional investor benefit from an attractive added value. The capital inflow derived from the transaction will expand the fund’s options toward the purchase of other attractive properties.

  Markus Esser for Commerz Real AG

, 2007-12-14 | Commercial Property Investment, Commercial property: Office, International

• Commerz Real Purchase in Singapore

  - First Real Estate Investment in Singapore - `78 Shenton Way´ – Office Property with Attached Project Development Acquired - Total Investment Volumes of approx. 324 Million Euros

  Markus Esser for Commerz Real AG

Germany, 2007-12-06 | Property Funds, Property Companies, Commercial Property Investment

• DEGI purchases an office and commercial building in Mannheim for DEGI GERMAN BUSINESS

  The property fund company DEGI Deutsche Gesellschaft für Immobilienfonds mbH has purchased an office and commercial building in Mannheim from LBBW Immobilien GmbH for its DEGI GERMAN BUSINESS fund.

  Sabine Richter for Colliers Presse und Öffentlichkeitsarbeit