Real Estate & Property Investment News in Germany from Propertyshowrooms.com

Experts Wary of Money Problems for Renewable Energy Market

Fri, 21 Nov 2008 00:00:00 GMT

The current financial crisis has some German experts worried about a cut in renewable energy funds. But industry professionals say that no matter which way the wind turns, the turbine blades will keep...

Germany to Increase Borrowing as Economic Forecast Darkens

Fri, 21 Nov 2008 00:00:00 GMT

Germany's Grand Coalition is set to substantially increase its net borrowing in 2009 -- the first time since coming to office. The news comes as an industry poll predicts job losses of 215,000 in...

Deutsche Bank cuts to hit New York and London

Thu, 20 Nov 2008 00:00:00 GMT

Deutsche Bank is to shed 900 jobs as it responds to the financial crisis by reshaping its investment banking operations...

Heavy losses at Hypo Real Estate

Wed, 12 Nov 2008 00:00:00 GMT

Troubled German lender Hypo Real Estate announces heavy losses of 3.1bn euros for the third quarter...

Commerzbank to Tap Germany's Massive State Aid Package

Mon, 3 Nov 2008 00:00:00 GMT

Germany's second-biggest bank Commerzbank, which posted third quarter losses, says it will accept a capital injection of more than 8 billion euros from the government rescue fund in a bid to "stabilize...

German Bundestag Approves Financial Rescue Package

Fri, 17 Oct 2008 00:00:00 GMT

Germany's lower house of parliament approved the country's 500-billion-euro ($675-billion) financial bailout package. The upper house, the Bundesrat, is expected to follow suit later in the day...

German parliament backs bail-out

Fri, 17 Oct 2008 00:00:00 GMT

Germany's parliament approves what is billed as the country's largest financial rescue package since World War II...

Germany's Upper and Lower Houses Approve Rescue Package

Fri, 17 Oct 2008 00:00:00 GMT

Germany's upper and lower houses of parliament approved the country's 500-billion-euro ($675-billion) bailout package Friday, Oct. 17. The plan is expected to be ratified and in motion in time for Mon...

Germany Says it Sees No Need for Own US-style Bailout

Mon, 22 Sep 2008 00:00:00 GMT

Germany said on Monday it sees no need to create a US-style financial sector bailout of its own even as the European Commission welcomed the US financial rescue package...

Passengers Force German Airline to Switch Jets

Mon, 15 Sep 2008 00:00:00 GMT

Passengers worried by two failed attempts at take-off drafted a petition and forced Germany's second-biggest airline to use a different jet for their flight, Air Berlin confirmed Monday...

airBaltic to launch direct flights from Riga to Hannover

Thu, 11 Sep 2008 00:00:00 GMT

Latvian airline airBaltic will launch direct flights from Riga to Hannover, Germany on December 15, the company announced...

Berlin Tourism Passes its Peak

Thu, 11 Sep 2008 00:00:00 GMT

Recent years saw Berlin emerge as the third most-visited tourist destination in the EU after London and Paris. But its new-found popularity is still far from guaranteed, with visitor numbers starting...

East Berlin Building Project Sparks Protest, Praise

Wed, 10 Sep 2008 00:00:00 GMT

A controversial development project designed to reshape the River Spree bank in east Berlin opens Wednesday amid weeks of fierce protest...

Tycoon wants to build 200 vacation homes in Berlin

Fri, 22 Aug 2008 00:00:00 GMT

A Danish investor is behind a project worth in excess of a billion Danish Kroner to build 200 vacation homes at Europe’s largest amusement park in Berlin...

Schroders to tempt German investors with ‘spezialfond’

Fri, 22 Aug 2008 00:00:00 GMT

Open-ended fund will target investors looking to capitalise on UK’s falling property prices...

Drive-in apartments on sale in Berlin

Fri, 22 Aug 2008 00:00:00 GMT

Car fanatics can now buy drive-in apartments in Berlin, offering a unique property investment opportunity. A team of architects has designed a building where a heavy duty lift brings your car...

Lone Star Funds to take over IKB

Thu, 21 Aug 2008 00:00:00 GMT

US private equity firm Lone Star is to buy German lender IKB Deutsche Industriebank, according to IKB's biggest shareholder...

Cap & Reg’s exchanges contracts for German JV with Apollo

Wed, 20 Aug 2008 00:00:00 GMT

Capital & Regional has exchanged contracts with US Fund Apollo Real Estate Advisors to set up a joint venture for its German retail assets...

German economy contracts by 0.5%

Thu, 14 Aug 2008 00:00:00 GMT

Europe's largest economy, Germany, contracted for the first time in almost four years in the second quarter of the year...

Migrant influx 'an opportunity in Germany'

Tue, 12 Aug 2008 00:00:00 GMT

Germanys new laws on migrant workers that make it easier for people to enter the country from new European Union members and get a work permit could offer big opportunities for overseas property...

Booking Bets on Hotel Luxury

Wed, 6 Aug 2008 00:00:00 GMT

Defying skeptics who warned that the market already was oversupplied, Horst Schulze recently opened an ultraluxury hotel in Düsseldorf, Germany. Confident that the global boom in luxury hotels...

German real estate fund bought Magnum logistics centre

Thu, 31 Jul 2008 00:00:00 GMT

German real estate fund Focus Nordic Cities, which is managed by Catella Real Estate AG, bought the logistics centre Magnum Logistics, situated at Laagri, today...

Berlin luxury property market booming

Wed, 30 Jul 2008 00:00:00 GMT

The Berlin property market remains healthy despite the global credit crunch. Luxury property developments are being constructed in some parts of Berlin, and demand is strong...

Consortium completes €4.65bn German retail deal

Tue, 29 Jul 2008 00:00:00 GMT

A consortium including Deutsch Bank’s property arm RREEF has completed the purchase of a 49% stake in a department store portfolio sold by German retail and leisure company Arcandor...

Hypo provides €138m refinancing package in Germany

Wed, 16 Jul 2008 00:00:00 GMT

Hypo Real Estate has provided €138m (£109m) of financing to GREP, an investment vehicle advised by Geneva-based investor Even Capital to refinance a large German property portfolio...

W. P. Carey Closes $58M in German Acquisitions

Tue, 15 Jul 2008 00:00:00 GMT

W. P. Carey & Co. has acquired a pair of German properties in Soest and Bad Wünnenberg from Arques Industries for approximately $58 million...

Thomas Cook cancels airline deal

Fri, 11 Jul 2008 00:00:00 GMT

Thomas Cook cancels plans to merge its German airline Condor with Air Berlin after regulatory concerns...

Lone Star is loan star with €700m debt deal

Fri, 11 Jul 2008 00:00:00 GMT

Investor beats crunch to raise debt for Deutsche Post portfolio buy...

Citigroup disposes of German bank

Fri, 11 Jul 2008 00:00:00 GMT

Citigroup sells its German consumer banking business for five billion euros as part of its efforts to return the business to profit...

Price conscious property investors can find bargains at German auctions

Tue, 8 Jul 2008 00:00:00 GMT

German auctions are proving a popular source of bargain properties with detached houses, barns, mills and guesthouses selling for incredibly low prices...

Lone Star raises €700m from banking club

Tue, 8 Jul 2008 00:00:00 GMT

Lone Star has raised more than €700m (£556m) of bank finance for its €1bn (£795m) purchase of a Deutsche Post property portfolio in Germany...

Euro-dollar rate is stable in thin trading

Sat, 5 Jul 2008 00:00:00 GMT

The dollar was stable against the euro here Friday, with the single currency hurt by a weak reading on German industrial orders...