real estate Archive - Page 3 of 6

Morris Kahn Single Family Office Sells 50% of Beit Aurec Stake To Insurance

October 12, 2021

Aurum, the single family office of Isareli billionaire Morris Kahn, sold half of its stake in the Beit Aurec project to Harel Insurance Investments and Financial Services for NIS 100M (€25M). Beit Aurec Real Estate in Tel Aviv Beit Aurec is a 16,000 sqm property of office and commercial space in Tel Aviv's Abba Hillel... Continue reading →

Australian family office acquires retail property in Germany

October 12, 2021

The Australian Sunshine Family Office acquired a 1,456sqm property in Rüthen (Germany). The transaction was organized by the German real estate investment firm DRIA GmbH, which manages the investment and asset management for various family offices. The property is rented to Centershop since 2018 and was sold by a Luxembourg-based company. The object also has... Continue reading →

German Real Estate Multi Family Office Develops Student Housing in Saarbrücken

October 12, 2021

DERECO, one of Germany’s major real estate multi family offices, launches a property development project in Saarbrücken (Germany). „Onetwoseven“ project: joint venture between property developer and family office Together with real estate developer NORSK Deutschland AG, DERECO formed a joint venture in order to develop 204 student apartments in Saarbrücken. The building permit was granted... Continue reading →

Family Office Sells Mixed-Use Property in Berlin to Commodus

October 12, 2021

German real estate investor Commodus acquired a Mixed-Use building in Berlin from an unknown family office. The "Hohenschönhauser Tor" building with office and retail space is located at Weißenseer Weg 35 and has a lettable area of 19.000 sqm. Amongst others, the tenants include a gym, senior housing and medical practices. The Weighted Average Lease... Continue reading →

Single Family Office From Rosenheim Acquires Office Building in Ismaning

October 12, 2021

German Hartinger Group, the single family office of the Hartinger family, recently acquired the former headquarter of the pharmaceutical company Biogen GmbH in Ismaning, Munich. Acquiring an office building near Munich The now-acquired building was built in 1990. The 3 story building has an area of 3000 sqm. The building was usually designed for six... Continue reading →

Chinese “Mighty Divine” Family Office Acquires £94M Property In London

October 12, 2021

An office block in London's 10 Fenchurch Street changes its owner: UK firm Retain Propser Ltd. acquires the building from a Hong Kong consortium for £94.2M. Retain Prosper is an affiliate of an influential but low profile family office from China. So far the building was owned jointly by Chuang's Consortium and Chuang's China Investments,... Continue reading →

Arvind Tiku Single Family Office Takes Over Majority of IREIT Global Together With Partnership

October 11, 2021

Singapore real estate company City Developments Limited teamed up with French investment company Tikehau Capital and the single family office of billionaire Arvind Tiku to acquire more than 50% of the shares of IREIT Global. IREIT Global is a Singapore-listed real estate investment trust with focus on European office properties. Real estate investment trust from... Continue reading →

Dallmayr Single Family Office Acquires Commercial Property In Munich

October 11, 2021

The German Dallmayr family office acquired a 3500 sqm office property in Obersendling, Munich. The building has four floors which can be used as office space, as well as space for manufacturing. Currently, the property is rented out to a printing company. The building at the Geretsrieder Straße 10 is located near the metro station... Continue reading →

German Family Office Acquires Residential Real Estate Portfolio In Tokyo

October 11, 2021

On March 31st, German Family Office AM Alpha announced the acquisition of a portfolio of 25 newly built residential properties in Tokyo for an undisclosed sum. The transaction already took place in September last year, the assets are still under construction. Martin Lemke, the managing director of the Munich-based family office, commented the transaction with:... Continue reading →

Thailand Single Family Office Invests Heavily In German Hotel Market

October 11, 2021

Cycas Hospitality is a rather young competitor in Europe's hospitality sector. Nevertheless, the Amsterdam-headquartered firm has huge growth ambitions. The Thailand single family office "Hua Kee Group" acquired a third of Cycas shares. Now, the German market is on the agenda for Cycas’ further hotel openings. Cycas: Strong Growth in Europe's Hotel Market, now targeting... Continue reading →

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