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Funds advised by real estate private equity firm Coros have provided a 21.5M€ capital solution to Primus Immobilien AG’s project Phoenix in Berlin. The funds will recapitalize the existing capital structure and further cover the final stages of the refurbishment of the 76-unit prime residential project, with anticipated completion date set for Q2 2024. The …
Number of the Month
90
percent of investors and project developers who participated in a study on the topic of transformation property agreed: mixed-used concepts help to safeguard revenue throughout the entire life cycle of a transformation property while also making a significant contribution towards vibrant city centers.
Katharina Martin and Michael Merkelbach joined forces as Co-Managing Directors of our Asset Management team. The duo, who both previously held senior management roles in the company’s commercial and technical asset management teams respectively, took over the reins from Paul Sattlegger, who will continue to work with our asset management team in an advisory capacity. …
With Borsig WESTWERK we have created a new real estate brand on the premises of the historical Borsigwerke locomotive works at Berlin-Tegel and gained two well-known tenants for the newly positioned multi-tenant property. The veterinary division of Europe’s leading provider of medical diagnostics, and another new tenant from the health care sector, have signed long-term …