Berlin set the pace in Europe in terms of growth in residential rents during the first half of 2019, posting an increase of 3.9% compared with the year-earlier period, research from Savills shows.
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Berlin-focused residential landlord ADO Properties predicts a rent cap coming into effect in the German capital city from next year will not damage the company's long-term prospects.
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Dutch asset manager Orange Capital Partners has acquired two domestic residential portfolios for a total €127 mln, PropertyEU has learned.
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A consortium of investors led by Cedar Capital Partners has acquired the Lloyd Hotel in the Eastern Docklands of Amsterdam, from private investor Rocco Veenboer, for €45 mln.
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Mannheim-based Primus Valor has sold a residential portfolio in Germany for more than €30 mln to an institutional investor, marking the largest sale in the company's history.
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UK-based fund manager Benson Elliot has raised €175 mln by divesting its controlling stake in German communal housing company, Elstertal Geraer Wohnungsbaugesellschaft (GWB).
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Legal & General has exchanged contracts to complete the largest privately funded development in Wales, Cardiff Central Square, in partnership with the Welsh Government and Rightacres Property.
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Commerz Real Capital Management has purchased two under-construction properties for students and the elderly in Hanover, Germany, for €36 mln.
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Tristan Capital Partners has acquired two residential development sites in the Cabra and Sandyford suburbs of Dublin for a total of €54.5 mln.
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German fund manager Commerz Real and developer Wertgrund Immobilien have paid €70 mln for a mixed-use development currently under construction in Dresden, Germany.
Aberdeen Standard Investments has completed two transactions in the Netherlands on behalf of clients for a total of €100 mln.
