Commentary on the ECB’s latest interest rate decision by Prof. Dr Steffen Sebastian, Chair of Real Estate Finance, IREBS Institute for Real Estate Economics, University of Regensburg.
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NeoBid Energy Market Report, October 2026: Sharp price rises in October were followed by a correction in early November. High spot prices, limited gas storage reserves and additional electricity costs are shaping future developments.
Wertgrund has sold the “Trio Verde” residential complex in Bergisch Gladbach to Domicil Real Estate AG. Newmark advised the seller and brokered the transaction, which comprises 88 residential units with a usable floor area of just under 7,000 square metres.
Domicil Real Estate AG has acquired the “Trio Verde” residential complex in Bergisch Gladbach from Wertgrund Immobilien AG. The complex comprises 88 flats, 83 parking spaces and 6,988 m² of living space; it is approximately 95 per cent let.
HUK-COBURG Asset Management is doubling its capital commitment to the Aukera Real Estate Debt Fund I from EUR 50 million to EUR 100 million. More than half of the capital has already been invested or is firmly earmarked.
by Aukera Real Estate HUK-COBURG Asset Management GmbH
Panattoni has let around 67,800 m² at Panattoni Park Halle (Saale) Nord in Könnern to a textile service provider. The tenancy for the two warehouses commenced on 1 September 2026.
CELLS has let approximately 7,600 square metres of office space and twelve parking spaces in the Berlin office complex “The Tailory” to the Federal Chamber of Notaries on a 15-year lease. Following extensive refurbishment, the premises are due to be handed over in spring 2029.
AENGEVELT has brokered a retail unit at 1 Bolkerstraße in Düsseldorf for the restaurant chain Ellos Tacos. The new outlet is due to open in early 2027; the lease runs for ten years and includes a five-year extension option.
Aigner Immobilien has brokered the off-market sale of a listed residential and commercial building dating from 1876 in Munich’s Glockenbach district to a foundation. The Neo-Renaissance property comprises approx. 600 m², eight two-bedroom flats and one commercial unit. The parties have agreed not to disclose the purchase price.
The Nordex Group has agreed to acquire the Dutch engineering firm C1 Connections. The core team and the patented C1 Wedge Connection technology for onshore applications will become part of the Group. Financial details remain confidential; offshore activities are excluded.
CUBION Immobilien AG has brokered the letting of around 365 m² of office space in the ‘Looper’ at Schifferstraße 166 in Duisburg to the North Rhine Association of Statutory Health Insurance Physicians. This is the third letting in the ‘Looper’ within a year and underlines the demand for prime locations.
De Gaulle Fleurance advised the lending banks on the financing of Satys Electric’s capital restructuring. Siparex Midcap participated alongside Bpifrance and Carvest; management took control. The financing came from a consortium of banks.
GARBE Industrial has sold a fully let logistics property in Nittendorf, near Regensburg, to a UK-based investment company specialising in logistics properties. Built in 2000, the property covers 17,700 square metres; the purchase price was not disclosed.
After standing vacant for around two years, an office space at 2 Steinstraße in Düsseldorf city centre has been let again. AENGEVELT arranged the let for Dr Jannis Rorarius, a specialist in orthopaedics, who is running his newly established practice there.
The Paris-based CRM and billing platform provider for energy suppliers and telecom operators will grow its energy business in Germany and Italy, double its team and put AI to work on the most time-consuming operator tasks.
e+k AG is selling key parts of the Gerberquartier in Worms to Deibert & Opitz, in partnership with ems Schäfer Consultants (7,500 m²). Negotiations regarding the remaining 8,800 m² are at an advanced stage. Planning permission valid until 2030, around 200 flats; construction could begin shortly.
The Base has signed a 20-year lease for a co-living building on Landsberger Straße in Munich. The building, comprising 204 apartments across a gross floor area of around 6,800 m², is due to open in 2029. BelForm and companies within the Oeckl Group assisted in the search for an operator.
JF Global Supply Chain has leased the entire 20,000 m² of lettable space across two warehouses at Prologis Park Herne; the premises were handed over at the beginning of November. The park is committed to sustainability with solar panels, green roofs and electric vehicle charging infrastructure; JLL brokered the lease.
TREUREAL Property Management GmbH is taking over the property management of Südzucker AG’s staff accommodation at several German sites. The new mandate strengthens TRP’s activities in corporate real estate management.
Wertgrund has sold the “Trio Verde” residential complex in Bergisch Gladbach to Domicil Real Estate AG. Newmark advised the seller and brokered the transaction, which comprises 88 residential units with a usable floor area of just under 7,000 square metres.
Goldbeck has supported the BREEAM certification of a revitalised Scantum logistics site in Schloß Holte-Stukenbrock. The site was awarded a ‘Very Good’ rating under BREEAM DE Existing Buildings Part 1.
The IC Immobilien Group will take over property management of the Palais Quartier in Frankfurt from 1 January 2027. The complex, which is managed by the DWS Asset Management Group, comprises just under 70,000 m² of lettable space.
From 2027, bulwiengesa and Deutsche Pfandbriefbank will jointly publish the Financing Barometer and are planning to expand it across Europe. In the third quarter of 2026, the barometer reading fell to −13.61 points, its lowest level in two years.
New infrastructure fund from 2IP and Second Foundation gives institutional investors access to the German battery storage market through contractually secured base cash flows and direct market participation
In 2027, Goldbeck Parking Services is expanding its portfolio to include three car parks in Cologne, Meppen and Hamburg, with a total of over 1,200 parking spaces. The Hamburg site (alstria) will open in mid-January, the Meppen site in the summer, and the Cologne site (DHF Group) on 1 August. The company’s growth trajectory continues.
HDI has extended its partnership with Goldbeck Facility Services by three years. The facility management provider will continue to be responsible for the technical operation of HDI’s head office in Hanover. The complex offers around 77,000 m² of floor space for approximately 1,800 employees.
Ten German asset management companies have founded the association DORCA e.V. to support compliance with the EU’s DORA regulations. Plans include joint audits of critical IT service providers, the sharing of insights and uniform security standards.
From 2027, MVGM will take over the property management of a further 17 properties for Core Property, comprising around 350 residential and commercial units in Berlin (approx. 12,000 m²). The partnership, which has been in place since April, is being expanded; MVGM now manages a total of around 70 properties covering over 80,000 m².
The Abu Dhabi Projects and Infrastructure Centre (ADPIC) and Partners Group have signed a memorandum of understanding (MoU) to promote private investment in infrastructure and property in Abu Dhabi. The MoU was signed during the ADIS Roadshow 2026 at EXPO REAL in Munich.
by Abu Dhabi Projects and Infrastructure Centre (ADPIC)
GlobalData has published league tables for M&A advisers in the Middle East & Africa for Q1–Q3 2026. Goldman Sachs leads by deal value, whilst Rothschild & Co leads by volume. Among law firms, Kirkland & Ellis (value) and White & Case (volume) top the rankings.
GlobalData has released league tables for M&A advisors in the Asia-Pacific region (Q1–Q3 2026). Mitsubishi UFJ Financial leads among financial advisors in terms of value and volume (29 deals, $42 billion). Among law firms, AZB & Partners leads in value and TriLegal in volume.
FASTR is the new Bronze Partner of the BFW Bavarian Regional Association. The energy service provider aims to contribute its expertise in cost-effective, practical decarbonisation to the network and to strengthen dialogue with member companies and policymakers.
Ignitis and emsys VPP are expanding their virtual power plant to integrate battery storage for balancing energy in the Baltic electricity market. The aim is to improve grid stability following ENTSO-E synchronisation; aFRR/mFRR pre-qualification and intraday trading are underway.
AtechX has entered into a partnership with the Scandinavian housing developer JM. JM will gain early access to technologies from the AtechX ecosystem, whilst start-ups will test solutions within JM’s portfolio. The aim is to launch pilot projects, improve efficiency and reduce resource consumption.
Swiss Life Asset Managers is expanding the “Hanover North I” logistics project in Wietze to around 147,000 square metres of land and 79,000 square metres of lettable space. The first construction phase, comprising 38,000 square metres of warehouse space, is scheduled to begin at the end of 2026.
On 11 November 2026, the Lindhorst Group celebrated the topping-out ceremony for the first construction phase of the Wohncarrée on Nordanger in Braunschweig. The KfW-55 apartment block, comprising 116 residential units, is due to be completed by summer 2027.
Goldbeck has supported the BREEAM certification of a revitalised Scantum logistics site in Schloß Holte-Stukenbrock. The site was awarded a ‘Very Good’ rating under BREEAM DE Existing Buildings Part 1.
ABG Real Estate Group and HanseMerkur Grundvermögen will commence construction work on the Palais Rossmarkt in Frankfurt on 12 November 2026. By 2030, around 15,700 m² of office and retail space will be created behind the historic façade at a cost of around 250 million euros.
by ABG Real Estate Group HanseMerkur Grundvermögen AG
New infrastructure fund from 2IP and Second Foundation gives institutional investors access to the German battery storage market through contractually secured base cash flows and direct market participation
On 11 November 2026, STADT UND LAND celebrated the topping-out ceremony in Berlin-Bohnsdorf for a new development comprising 53 subsidised rental flats. Six commercial units, including a nursery, are being built on the ground floor; completion is scheduled for early 2028.
Kinesis has been granted a BImSchG permit for a 28.8 MW wind farm north-west of Möbiskruge (Brandenburg). Four Vestas turbines, each with a capacity of 7.2 MW, are set to generate around 100 GWh per year, supplying approximately 30,000 households; the grid connection is in place, the local community stands to benefit, and mitigation measures are planned.
e+k AG is selling key parts of the Gerberquartier in Worms to Deibert & Opitz, in partnership with ems Schäfer Consultants (7,500 m²). Negotiations regarding the remaining 8,800 m² are at an advanced stage. Planning permission valid until 2030, around 200 flats; construction could begin shortly.
PROXIMUS has been granted planning permission to convert office space in Bonn-Dottendorf. Twenty-one new flats are to be built at the Hinter Hoben site; construction is due to start shortly. The conversion will take place within the existing building and will add to the 90 existing residential units.
The Base has signed a 20-year lease for a co-living building on Landsberger Straße in Munich. The building, comprising 204 apartments across a gross floor area of around 6,800 m², is due to open in 2029. BelForm and companies within the Oeckl Group assisted in the search for an operator.
The Nordex Group is entering the Albanian market with an 84-MW order from VERBUND: twelve N163/6.X turbines for the Spille wind farm and a 15-year premium service contract. This is Albania’s first wind project; commissioning is scheduled for spring 2028.
UKA has commissioned the Elsterheide solar farm (18 MWp). The electricity is fed into the grid via the Hoyerswerda substation; a storage facility is planned. The local authority benefits under the Renewable Energy Revenue Sharing Act.
Tion Renewables has completed the repowering of three solar PV plants in Italy, increasing their installed capacity by just under 40 per cent through the use of trackers and new modules. The plants are expected to generate around 7 GWh of green electricity annually and will continue to benefit from feed-in tariffs.
The FÜRST urban quarter on Kurfürstendamm has reached its highest point of 115 metres with the installation of a mast. The structural work will be completed by mid-December 2026, and the last cranes will be dismantled by the end of January 2027. Completion is scheduled for 2027.
At a construction site open day in Halberstadt, Cureus and the operator compassio provided an insight into the senior citizens’ residence currently under construction, including a show flat and a careers day. Completion is scheduled for March 2027. The development will comprise 140 care places, 24 flats and around 85 jobs.
Robert C. Spies has completed the marketing of the ESTELLE new-build project in Bremen-Schwachhausen: all 31 flats have been sold. At the same time, the exclusive marketing of the “allee 40” project, comprising ten flats, is getting underway. Quality, location and competitive pricing are seen as key factors in its success.
On 13 November 2026, the Ypsilon Group will open new office premises in Berlin-Mitte to accommodate more than 20 staff members. The office will focus on providing consultancy services in the areas of private equity and venture capital.
New infrastructure fund from 2IP and Second Foundation gives institutional investors access to the German battery storage market through contractually secured base cash flows and direct market participation
Today, Aedifica successfully priced a Sustainability Bond totalling €500 million. Issued under Aedifica’s recently updated Sustainable Finance Framework 2026, the bond has a tenor of 6.5 years and pays a fixed coupon of 4.50% per annum. Strong investor demand for Aedifica was evidenced by an orderbook of approx. €3 billion.
Since the autumn, LIP Invest has invested over 150 million euros in German logistics property, thereby utilising around half of the fund’s capital. Further capital commitments are pending prior to closing; distribution yields of over 5.25 per cent are planned. The entire portfolio is fully let.
1000 Satellites is set to open a new site at Munich’s TRI in early 2027. Flexible workspaces, meeting rooms and event spaces are being created across an area of around 4,000 m²; the first existing clients will move in in January. A building-wide amenities and services concept will enhance the site’s appeal.
In Q3 2026, Colliers increased consolidated revenue by 12 per cent to US$1.64 billion, whilst net revenue grew by 13 per cent to US$1.43 billion; organic growth was 3 per cent. Commercial property (CRE) up 5 per cent, Engineering up 33 per cent, Investment Management up 6 per cent (Assets under Management (AuM) US$110.5 billion). Forecast revised down to low double-digit growth.
aam2core receives DGNB certifications: MARKGRAF25 achieves Platinum, EDDI Gold in the ‘Buildings in Operation’ category. The certificates, presented at EXPO REAL, confirm the quality of operations and ESG measures; supported by aam2green Advisory.
TAG Immobilien increased its FFO I by 12 per cent to EUR 152.7 million in the first nine months of 2026. The forecast for 2026 has been raised to EUR 195–200 million; for 2027, FFO I is expected to reach EUR 200–210 million for the first time. Following the ROBYG IPO, the LTV fell to 42.6 per cent; a EUR 470 million convertible bond was repaid.
HauckSchuchardt is strengthening its property team in November 2026 with the appointment of Dr Riccardo Marinello as a partner in Frankfurt. The 45-year-old joins from Norton Rose Fulbright, having previously worked at Allen & Overy, and specialises in property transactions, asset management and company law.
On 6 November 2026, CA Immo cancelled 4,000,000 of its own bearer shares. As a result, the share capital was reduced by EUR 29,080,000.00 to EUR 654,951,341.11 and now comprises 90,089,593 no-par value shares. The company therefore no longer holds any of its own shares.
DAHLER has appointed a new managing director in Cologne: Antonio Glavas has been heading up the Cologne office since 1 November 2026. He will continue to serve as managing director in Düsseldorf. Glavas and founder Björn Dahler emphasise the importance of local market characteristics and aim to further strengthen the company’s presence.
Sagard Private Equity has reached the final closing of its third emerging manager fund at €520 million, significantly exceeding its target of €400 million. The fund focuses on emerging buyout managers, is largely committed and has secured its first commitments in the US and Europe.
Nordex reports strong performance for Q3/2026: revenue of €2.2 billion (+28 per cent), EBITDA of €278 million (margin 12.7 per cent) and consolidated profit of €147 million. Order intake of 2.8 GW (+30 per cent) and free cash flow of €379 million. The 2026 EBITDA forecast has been raised to 11.5–12.5 per cent.
Panattoni and Borussia Dortmund are extending their collaboration by three years and upgrading it to partner status. This is based on the growing involvement of the BVB Academy Łukasz Piszczek since 2018. Statements from Dobrzycki, Bohne and Cramer underscore the deepened cooperation.
KOIMO Development is strengthening its team with the appointment of Nina Weber, former Managing Director of Mobility2Grid. She joined the company in October as a Senior Project Manager and will be responsible for driving forward the transfer of knowledge between research and practice for the ringberlin model campus, as well as coordinating partnerships and projects.
CBRE is combining the Berlin and Leipzig regions into a single market area within its Industrial & Logistics Leasing division. The aim is to focus more closely on economic interdependencies, offer more location options and drive growth; Frank Schönfelder will take charge of the division.
Who would willingly sell an investment that’s performing so well? After all, residential property is regarded as a safe long-term investment. But if you hold on to a successful investment, you might miss the moment when it’s worth the most. And in doing so, you’ll miss out on opportunities that lie elsewhere.
Following Chancellor Friedrich Merz’s announcement that the draft Investment Protection Act is complete, the BID is calling for compensation at full market value – immediately and in cash. Debates over 80 per cent rather than 100 per cent undermine confidence. The law must be enacted swiftly.
by Bundesarbeitsgemeinschaft Immobilienwirtschaft Deutschland (BID)
HUK-COBURG Asset Management is doubling its capital commitment to the Aukera Real Estate Debt Fund I from EUR 50 million to EUR 100 million. More than half of the capital has already been invested or is firmly earmarked.
The Renewable Energy Market Report 2026/2027 by Wüest Partner shows that grid connections and storage are increasingly determining the economic viability of energy projects. Grid bottlenecks, the maturity assessment procedure introduced in April 2026 and the growth in battery storage are shaping investment – including in the property sector.
GlobalData expects sustained growth in the transformer market through 2030, led by APAC with investments in China and India. Key drivers include grid expansion, renewable energy, and rising demand; the Americas and EMEA are also growing. Digital devices and maintenance offer added value.
Senior portfolio managers from L&G and NTR recently sat down for an IPE-led webinar to discuss the key drivers behind Europe’s transformative infrastructure journey.
Deutsche Büromärkte leben von der individuellen DNA der jeweiligen Stadt. Oft unterscheiden sich Nutzer- und damit auch Nachfragestrukturen stark voneinander.
Sagard outlines a new private equity landscape: higher funding costs, longer holding periods and more selective exits are shifting the focus towards real returns (DPI) and active portfolio management. Sagard sees opportunities in the small and mid-market; AI is increasingly shaping the investment process. Discipline is becoming a competitive advantage.
CAERUS Debt Investments, acting as investment adviser to an institutional fund, has arranged a senior loan of €19.9 million. It is secured by a Dutch residential and mixed-use portfolio comprising 15 properties, around 11,600 m² and over 180 tenancy agreements.
