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Corestate demonstrates shopping centre placement expertise with the sale of the important local shopping centre Warnow Park in Rostock
Corestate, a leading independent investment management company for real estate and related financing solutions, has sold Warnow Park in Rostock from its Highstreet VIII retail fund, thus underscoring its [...]
Local official Clemens Baumgärtner green-lights new, eco-friendly modular timber school building in Neuperlach, Munich
School building to be constructed on underground car park: Successful urban consolidation at Albert-Schweitzer-Straße 62-68 is the first project of its kind in Germany City quarter development enters [...]
Corestate study shows that real estate debt is a long-term growth market
Corestate, a leading independent investment management company for real estate and related financing solutions, is publishing its latest study entitled “Private Debt and Real Estate Financing – A Winning [...]
Corestate Bank structures three complex real estate financing transactions with a total volume of around EUR 130 million at short notice
Corestate Bank, a subsidiary of the Corestate Group, has arranged three complex financing transactions worth a total of around EUR 130 million over the past few days. The properties [...]
Corestate: Reallocation in the Shareholder Base – Previous Major Shareholders Exit
Frankfurt, 1 December 2021 - The two previous major shareholders, Passiva Participations S.a.r.l. / Aggregate Holdings 2 S.A. and Vestigo Immobilien Investment LP, have reduced their shareholding in the [...]
CORESTATE’S Micro Living universe grows – two new locations in Cologne and Mainz
CORESTATE continues to expand its European growth initiative in the Micro Living segment by adding two new properties in Mainz and Cologne. Most recently, the company won two prestigious [...]
Successful joint venture “Highlands II” expands acquisition volume by € 100mn
Corestate subsidiary STAM Europe and a North American institutional investor have expanded the acquisition volume of their second logistics and light industrial joint venture "Highlands II" by € 100mn. [...]
CORESTATE accelerates integration with new hires in key positions
Following the strategic realignment at the beginning of the year with a uniform platform for Real Estate Debt and Real Estate Equity, Corestate is now accelerating the integration of [...]
CORESTATE remains on track for success after first nine months of the year – Management Board reaffirms financial outlook for 2021
CORESTATE announced today its results for the first nine months of 2021. Aggregated revenue and gains climbed by 18.9% in the reporting period to € 169.6m (previous year: € 142.7m). [...]
CORESTATE sells very successfully managed Berlin operations center of Deutsche Bahn AG
Corestate, a leading independent investment management company for real estate and related financing solutions, has sold a top property, the Deutsche Bahn AG operations center in Berlin, to DIC [...]
European Commission extends lease of 14,500 sqm in Brussels’ top office complex ‘Covent Garden’ through end of 2028
Hannover Leasing has extended a lease of nearly 14,500 sqm with the European Commission that expires on 1 March 2022 for the top “Covent Garden” office complex it manages in [...]
Corestate subsidiary STAM acquires portfolio of new urban logistics for Highlands II joint venture in the Paris region
STAM Europe, a French logistics specialist with 1 million sqm under management, is continuing its expansion into urban logistics with the acquisition of three light industrial parks in the [...]
Hannover Leasing advises Perial on acquisition of the historic `Post Office Building´ in The Hague’s HS Quarter
Hannover Leasing acted as transaction manager in the acquisition of the well-known `Post Office Building´ in the center of The Hague from development group LIFE for a fund managed by [...]
Martin Bassermann is new chairman of the HFS Board of Directors
Martin Bassermann is the new Chairman of the Board of Directors of HFS Helvetic Financial Services AG (HFS), a subsidiary of Corestate Capital Group (Corestate). A certified business administrator [...]
René Parmantier becomes new CEO – Lars Schnidrig remains on board as CFO
The Supervisory Board of Corestate Capital Holding S.A. has appointed René Parmantier as the new Chairman of the Management Board (CEO) with immediate effect and for a term of 3 [...]
New anchor shareholder and changes in the Supervisory Board
Corestate Capital Holding S.A. (“Corestate”) has a new anchor investor, Vestigo Immobilien Investments Limited Partnership (“Vestigo”). Since 27 November 2020, Vestigo owns around 9.9% of the share capital of [...]
Adhoc: New anchor shareholder and changes in the Supervisory Board
Corestate Capital Holding S.A. ("CORESTATE") has a new anchor shareholder with the investment of Vestigo Immobilien Investments Limited Partnership. Vestigo Immobilien Investments Limited Partnership is new anchor [...]
Adhoc: Former major shareholders sold shares in the Company
The Management Board of Corestate Capital Holding S.A. (Corestate) today has obtained knowledge that the shareholders Mr Norbert Ketterer, Mrs Sandra Ketterer and Mr Yannick Heller who held significant [...]
CORESTATE subsidiary Hannover Leasing successfully places CityPalais in Duisburg
Hannover Leasing, has successfully placed, despite the challenging market environment, the Duisburg CityPalais. The mixed-use property, so far in a closed-end public fund managed by Hannover Leasing, was completed in [...]
CORESTATE sets new standard for student housing in Pamplona, Spain
CORESTATE has launched its next student housing property located in the Spanish university city of Pamplona with an investment volume of around EUR 30 million. After its completion in 2023, [...]
CORESTATE shows significant recovery in third quarter of 2020 – financial outlook for the full year confirmed
CORESTATE announced today its results for the third quarter of 2020. According to this, the core business, real estate assets under management, has grown organically by 4.1% to € 25.2bn [...]
Klaus Schmitt to become new Chairman of the Management Board (CEO) at CORESTATE – Management Board to be expanded
CORESTATE today announced that Klaus Schmitt, most recently a member of the Management Board of Patrizia AG, will be taking over as Chairman of the Management Board (CEO) for [...]
CORESTATE extends Management Board and appoints Klaus Schmitt as new Chairman of the Management Board (CEO) – Lars Schnidrig leaves Management Board with effect as of 31 December 2020
Luxembourg, 6 October 2020 – The Supervisory Board of Corestate Capital Holding S.A. today appointed Mr Klaus Schmitt with effect as of 1 January 2021 for a term of [...]
CORESTATE’s next step in enlarging the European micro living product: Opening in Gdansk
CORESTATE has partially opened its first micro living asset in Poland. As an initial step, 217 beds in Gdansk are now available and the first students have already moved in. [...]
CORESTATE expands its institutional housing funds: New building project „Quartier Kreuzstraße“ purchased in Leipzig-Mitte
CORESTATE has acquired a new residential property in Leipzig-Mitte for its open-ended special AIF “CORESTATE Residential Germany III” (CRG III, minimum target volume EUR 300 million, average yield distribution of [...]
CORESTATE subsidiary Hannover Leasing acquires the landmark New Babylon commercial complex in The Hague for PFA Pension
CORESTATE has for the first time acquired a property for the large Danish pension and insurance company PFA Pension via its subsidiary Hannover Leasing and will also be responsible for [...]
CORESTATE and Bain Capital Credit agree to a strategic partnership for Micro Living Assets in Poland
CORESTATE has agreed a new partnership with Bain Capital Credit. Bain Capital Credit is a leading global credit specialist with approximately USD 41 bn in assets under management. The agreement [...]
CORESTATE successfully structures transaction with US investor on office property in Munich
CORESTATE has structured a transaction on an attractive office property in Munich Hallbergmoos for a major US multi-asset alternative investment investor (>100 billion USD assets under management). The deal [...]
CORESTATE subsidiary advises HSBC on the purchase of the award-winning passive office building “Seven” in Brussels – Expertise in Benelux once again demonstrated
CORESTATE has again demonstrated its consulting expertise in the Benelux countries. The CORESTATE subsidiary Hannover Leasing advised the major British bank HSBC on the purchase of the passive office building [...]
CORESTATE further expands its micro living activities in Spain with its new building for its business apartment brand – JOYN
CORESTATE has acquired its first Spanish property for its JOYN brand business apartments in Madrid. A total of 10 JOYN properties will be operational at top locations in Europe [...]
CORESTATE places a large mixed portfolio of 27 properties across Germany on behalf of a client
CORESTATE has placed a large nationwide mixed real estate portfolio on behalf of a client. The successful sale was made possible by CORESTATE’s high-performance, full-service real estate platform, which spans [...]
CORESTATE initiates the internal women’s network CORESTATE WOMEN and sponsors the independent career network of the investment fund industry “Fondsfrauen”
CORESTATE is implementing important measures to promote women as part of its Group-wide ESG strategy. Internally, the company has initiated the CORESTATE WOMEN network, which is exclusively aimed at women. [...]
CORESTATE subsidiary Hannover Leasing receives top score in rating from Scope – new office in Amsterdam
Hannover Leasing has received its first assessment from the international rating agency Scope. With “A+”, the experts gave it a rating of “very good” and thus the highest of five [...]
CORESTATE Capital Group bundles residential and commercial expertise and places innovative product “Stadtquartier” Clouth 104 with an institutional investor
CORESTATE is expanding its product offering to include city districts, also known as mixed-use real estate. In Cologne, Hannover Leasing, a subsidiary of CORESTATE, has acquired the prestige project [...]
CORESTATE reports nine month figures with successful business performance – Guidance and attractive distribution policy once again confirmed
CORESTATE today announced solid figures for the first nine months of 2019. Real Estate Assets under Management (AuM) grew organically by around 7.2% and reached the record mark of [...]
Ad Hoc Announcement: CORESTATE Capital Holding S.A.: CORESTATE terminates employment of Michael Bütter
CORESTATE Capital Holding S.A. terminates the employment of Michael Bütter and revokes the employment contract by the end of the year. Until further notice, CEO's responsibilities will be assumed by [...]
CORESTATE enters into exclusive partnership with MEDICI LIVING, Europe’s leading co-living provider
The cooperation plans to build a co-living portfolio worth Euro 1 billion across Europe within five years with investor capital. As part of the cooperation, CORESTATE will identify, acquire and [...]
CORESTATE’s Hannover Leasing launches closed-end property AIF investing in office/Hotel/asset
Hannover Leasing has launched a new closed-end property AIF for private investors. The fund invests in the property named Quartier West, an office and Hotel complex with 14,963 sqm of [...]
CORESTATE continues consistent growth and raises guidance for 2018 – Net debt significantly reduced
CORESTATE continued its profitable growth in the first nine months of the year. Including the recent acquisition of CRM Students, its assets under management now amount to more than Euro [...]
CORESTATE launches new opportunity fund with a target volume of Euro 800m
CORESTATE has launched a new open special AIF for residential and commercial real estate. The "CORESTATE Opportunity Deutschland I" fund is primarily aimed at institutional investors. The investment focus is [...]
CORESTATE closes ‘High Street VII’ Club Deal at an investment volume of Euro 212m
CORESTATE has closed its "High Street VII" Club Deal at an investment volume of Euro 212m. "High Street VII" encompasses a portfolio of 24 retail assets with 100,000 sq.m. of [...]
Continuing its positive business performance: CORESTATE’S Hannover Leasing buys ‘Alter Domus’ office building in Luxembourg for institutional joint venture
Hannover Leasing, part of the CORESTATE Capital Group, has bought "Alter Domus", a newly developed office property in Luxembourg in a club deal on behalf of Finnish mutual pension insurance [...]
Douglas Edwards to join CORESTATE as Head of Group Equity Raising
CORESTATE has appointed Douglas Edwards as Managing Director and Head of Group Equity Raising. Starting January 2019, Mr Edwards will take the lead in furthering the Group's sales and distribution [...]
CORESTATE acquires UK’s largest independent student accommodation provider and continues on growth course
CORESTATE acquires CRM Students Ltd. (CRM), the largest independent student accommodation management company in the UK, for approximately Euro 17 million. Thus, CORESTATE's assets under management increase from Euro 22 [...]
CORESTATE Tochter Hannover Leasing und Exporo: neue digitale Plattform für Immobilieninvestments
Ab sofort können sich Anleger direkt online an Immobilieninvestments der HANNOVER LEASING, einem Unternehmen der CORESTATE Capital Group, beteiligen. Grundlage bildet eine Kooperation zwischen Accontis, der Vertriebsgesellschaft der HANNOVER [...]
CORESTATE expands management team
CORESTATE continues its growth course and has expanded its management capabilities. Dirk Lembke has joined the management board of UPARTMENTS Real Estate GmbH, CORESTATE's micro living unit, in August 2018. [...]
CORESTATE sells three trophy assets and significantly reduces debt
CORESTATE has sold three trophy assets from its own warehousing portfolio as scheduled. They include the Stadttor in Düsseldorf, the Palais Kronberg near Frankfurt and a trophy asset in The [...]
