Tishman Speyer has secured the refinancing of the Junghof office and retail ensemble in Frankfurt's banking district. Natixis Pfandbriefbank is providing a variable-rate loan of EUR 121.6 million with a term of up to five years. The property is 95% let.
BNP Paribas Real Estate analyses the development of rental prices in German cities in 2025. The results show a sharp increase in rents due to insufficient housing supply and high demand.
GARBE Commercial Living is cooperating with B&B HOTELS to build 30 new hotels, mainly in Germany. The launch of a hospitality investment product is intended to strengthen GARBE's position as a development partner and B&B HOTELS as a leading hotel brand.
Goldbeck Property Services has been commissioned to manage Perlach Plaza, a mixed-use district in Munich. The project covers 50,000 square meters and includes various commercial units, apartment buildings and a park.