Deals

KGAL acquires Spanish solar park for Software AG – Foundation

Grünwald near Munich, 22 July 2025 – KGAL Investment Management has acquired a solar park in Andalusia in southern Spain on behalf of the Software AG Foundation (SAGST). The plant with a capacity of 60.5 megawatt peak (MWp) has been feeding electricity into the public grid since June 2025. The project was developed by long-standing KGAL partner BayWa r.e. The transaction marks another milestone in the expansion of the foundation's sustainable infrastructure portfolio.

IPH Group brokers third retail space to IKEA – now in Potsdam’s Bahnhofspassagen

The new studio is scheduled to open as early as 2025. This is already the third location that the IPH Group has brokered to IKEA – after space in Stuttgart's Gerber and Gänsbühlcenter in Ravensburg.

Data center opened in the “Hulb-West” industrial park in Böblingen

Periskop Development GmbH, an international investment consultant headquartered in Berlin, is developing the Hulb-West site in Böblingen, which originally covered around 15 hectares, into a sustainable commercial location on behalf of the owners.

Ypsilon advises impact investor Revent on the launch of its second venture capital fund

Pembroke acquires building plot for rental apartments in Munich and collaborates with ehret+klein

Pembroke drives global diversification strategy – companies want to convert Alramstraße 14 into high-quality apartments with extensive furnishings

International luxury brand Diptyque moves to Le Coeur

Hines, a global real estate investor, developer and manager, has been able to win another retail tenant for its refurbishment project "Le Coeur" on Düsseldorf's Königsallee.

Senior citizens’ residence “Auf der Litten” in Essen successfully completed and contributed to special fund

The new-build property comprises around 3,000 square metres of gross floor area and was built in accordance with the KfW Energy Efficiency House Standard 55. It has eight assisted living units and four outpatient assisted living communities with a total of 48 places.

Potsdam station passages almost fully let: IKEA opens planning studio, depot moves

IKEA will open a new planning studio on around 500 m² and return to Potsdam. The retail space was previously leased to the Depot brand. This means that the station passages are fully let except for a 62 m² retail space.