Investment Archives - ACROSS https://www.across-magazine.com/category/investment/ The European Placemaking Magazine Wed, 07 Aug 2024 10:36:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://www.across-magazine.com/wp-content/uploads/2019/03/cropped-ACROSS-ICON-WoB-2-32x32.jpg Investment Archives - ACROSS https://www.across-magazine.com/category/investment/ 32 32 Investment Group DRFG Acquires Developer TriGranit https://www.across-magazine.com/investment-group-drfg-acquires-developer-trigranit-1/ Wed, 07 Aug 2024 09:46:16 +0000 https://www.across-magazine.com/?p=109746 Westend shopping center, Budapest, Hungary. /// credit: TriGranit

DRFG has acquired a 100% stake in TriGranit, which will continue to operate under its established brand, encompassing the entire development area of the group. This strategic acquisition is a key step in DRFG’s expansion and strengthening of its presence in the Central and Southeast European region.    “I am thrilled that we have successfully completed […]

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Union Investment Takes Over 25hours Hotel Paper Island In Copenhagen https://www.across-magazine.com/union-investment-takes-over-25hours-hotel-paper-island-in-copenhagen/ Tue, 06 Aug 2024 09:43:05 +0000 https://www.across-magazine.com/?p=109686 25hours Hotel Paper Island in Copenhagen. /// credit: Union Investment

The investment and asset manager entered the Scandinavian hotel market with the purchase of the planned hotel in 2022. It is part of the portfolio of the institutional open-ended mutual real estate fund UniInstitutional European Real Estate. The 25hours Hotel celebrated its opening on July 27. It has been leased to KNSA Hospitality Kopenhagen ApS […]

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Union Investment Sells Retail Park In Hamburg To LHI Group https://www.across-magazine.com/union-investment-sells-retail-park-in-hamburg-to-lhi-group/ Mon, 05 Aug 2024 09:19:25 +0000 https://www.across-magazine.com/?p=109670 Anchor tenant EDEKA at Eidelstedt retail park in Hamburg. /// credit: Union Investment

“Eidelstedt retail park has generated stable rental income for the fund for around 17 years”, says Carsten Thiel, Head of open-ended real estate funds at Union Investment. “The profitable sale demonstrates the resilience of grocery-anchored retail real estate as an asset class and attests to the quality of our commercial property portfolio. This sale is […]

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Central Group Completes The Acquisition Of KaDeWe https://www.across-magazine.com/central-group-completes-the-acquisition-of-kadewe/ Mon, 05 Aug 2024 08:02:21 +0000 https://www.across-magazine.com/?p=109664 credit: KaDeWe Group

SIGNA Prime Selection AG, which is in self-administered insolvency, has sold its shares in the renowned luxury department store KaDeWe to the Thai Central Group as part of a share deal. The successful conclusion of the transaction marks another milestone in the implementation of the restructuring plan. At the same time, the Central Group appoints […]

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Kintyre And Angelo Gordon Acquire Berlin´s Kant Center https://www.across-magazine.com/kintyre-and-angelo-gordon-acquire-berlins-kant-center/ Wed, 05 Jun 2024 10:26:16 +0000 https://www.across-magazine.com/?p=107798 Kant Center in Berlin, Germany: /// credit: Kintyre

The Kant Center is an office and commercial building with around 22,000 sq m of rental space and an adjoining multi-storey parking lot. The current anchor tenants TK Maxx, Media Markt and Fitness First have so far been supplemented by office and practice space on the upper floors. As part of the planned repositioning of […]

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Central Group Takes Over KaDeWe From Signa Group In Berlin https://www.across-magazine.com/central-group-takes-over-kadewe-from-signa-group-in-berlin/ Thu, 11 Apr 2024 11:28:20 +0000 https://www.across-magazine.com/?p=105882 The deal between the insolvent Signa Prime and the Thai Central Group was sealed this week. /// Image: apa/dpa/Christophe Gateau

It had been known for some time that Signa Prime, to which KaDeWe belongs, was negotiating with the Thai company. Neither Signa nor the Central Group have commented on the deal for the time being. A price was agreed a few days ago, according to reports: just over 1.2 billion euros will be paid for […]

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Multi Has Bought A Majority Stake In UK Specialist Retail Asset And Property Manager Realm https://www.across-magazine.com/multi-has-bought-a-majority-stake-in-uk-specialist-retail-asset-and-property-manager-realm/ Wed, 10 Apr 2024 08:43:23 +0000 https://www.across-magazine.com/?p=105807 credit: Multi Corporation

Realm was founded in 2001 and has established itself as a leading operator of retail destinations and designer outlets in the UK, building up a strong client base among institutional investors having worked on 19 properties representing 45% of the UK outlet market. Realm’s current portfolio includes a number of high-profile venues including the London […]

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Kering makes the largest transaction ever for a property in Italy https://www.across-magazine.com/kering-makes-the-largest-transaction-ever-for-a-property-in-italy/ Fri, 05 Apr 2024 09:29:30 +0000 https://www.across-magazine.com/?p=105664 credit:via monte napoleone 8 -kryalos

The building has five floors with a total area of around 11,800 sq m and is used for mixed purposes. In addition to offices and apartments, this prestigious address in the most expensive shopping street in Europe – and the second most expensive in the world – is home to luxury brands such as Saint […]

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ACROSS RETAIL TALK: INVESTORS’ VIEW ON THE PLACEMAKING INDUSTRY – “The window for opportunities is wide open” https://www.across-magazine.com/across-retail-talk-investors-view-on-the-placemaking-industry-the-window-for-opportunities-is-wide-open/ Mon, 25 Mar 2024 13:21:08 +0000 https://www.across-magazine.com/?p=105173

The moderator of the ACROSS Retail Talk is Klaus Striebich (RaRE Advise). The discussants of this episode are: The mood of the industry Without a doubt the mood in the retail real estate industry is mixed. This year´s MIPIM, which took place a week ago, was a good barometer of sentiment. Rüdiger Dany states that […]

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Union Investment Is Selling “Fünf Höfe” In Munich https://www.across-magazine.com/union-investment-is-selling-funf-hofe-in-munich/ Thu, 21 Mar 2024 10:26:33 +0000 https://www.across-magazine.com/?p=105155 "Fünf Höfe", Munich, Germany /// Image: Fünf Höfe

The buyer is reportedly a company of the Athos Group, with which one of the richest families in Germany, the Strüngmann family, manages its assets. A spokesperson on behalf of the Strüngmann family has confirmed to SZ that there is already a written agreement on the deal between Union Investment and Athos, but that the […]

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