Corestate with sharpened investor focus – new CEO René Parmantier shapes company into manager of the entire real estate value chain
CORESTATE is taking a change of perspective following a structured strategy process across the entire group: In the future, the company will see itself as a manager of this value [...]
Preliminary figures FY 2020 – burdens from valuation effects and one-off expenses – basis for sustained growth starting in 2021
CORESTATE announced today its preliminary results for the past financial year. Based on the unaudited figures, aggregated revenues and gains amounted to € 191m in 2020 and were therefore within [...]
Ad-hoc – Corestate with preliminary figures for 2020: revenues within outlook, EBITDA and adjusted net profit miss company´s expectations – outlook for 2021 foresees significant growth
CORESTATE based on its unaudited and preliminary figures, generated aggregated revenues and gains of € 191m in 2020 and thus met its own financial outlook of € 185m to € [...]
Corestate subsidiary Hannover Leasing acquires state-of-the-art project development ‘Weitblick 1.7’ in Augsburg Innovation Park for a special AIF
Corestate subsidiary Hannover Leasing has acquired the state-of- the-art project development ‘Weitblick 1.7’ in Augsburg’s Innovation Park for a closed-end domestic special AIF aimed predominantly at institutional investors such as [...]
Corestate sets up open-end special AIF `Stadtquartiere I´, the first of its kind in Germany for institutional investors
CORESTATE has set up Stadtquartiere I, a new open-end special AIF. This fund is the first of its kind in Germany for institutional investors and thus a pioneer in the [...]
Corestate increases power of its sales structures – Philipp Ellebracht named new Group Head of Sales
CORESTATE has enhanced, comprehensively optimised and strengthened its national and international sales structures. The company has thus substantially improved its positioning in order to achieve accelerated and sustainable growth. [...]
Matthias Sandfort named Group Head of Debt Finance
Frankfurt, 2 February 2021. Corestate Capital Group (Corestate), a leading independent real estate investment management company in Europe, has appointed Matthias Sandfort to head its Debt Finance division. In [...]
CORESTATE PropBlog: office property market cycles since 2000 – a blueprint for the current situation?
Frankfurt, 29 January 2021. In its latest “Corestate PropBlog” post, Corestate analyses the office property market cycles since the start of the 21st century. The key takeaways for the current [...]
CORESTATE successfully places Sigma Technopark in Augsburg from its open special AIF ‘Opportunity Deutschland I’
CORESTATE has successfully sold Sigma Technopark in Augsburg from its open special AIF ‘Corestate Opportunity Deutschland I’ to the joint venture Titanium, set up by AXA IM Alts and Sirius [...]
Hannover Leasing acquires the new “Johannis-Quartier” office building in Chemnitz for special AIF
Hannover Leasing acquired the office space of the “Johannis-Quartier” city quarter development in Chemnitz for a closed special AIF geared towards institutional investors such as German savings banks and [...]
Corestate subsidiary STAM Europe announces additional EUR 60 million equity for the Opera Fund
STAM Europe is delighted to welcome a new European institutional investor into the OPERA Fund which will enable STAM to grow the portfolio by over EUR 100m in 2021. [...]
Corestate acquires complementary debt financing platform to offer debt service across all real estate asset classes
CORESTATE today announced the full acquisition of Frankfurt-based Aggregate Financial Services GmbH (“AFS”), a leading debt financing platform and fully licensed securities trading bank. Acquisition of Aggregate Financial Services [...]