CORESTATE subsidiary STAM Europe acquires office complex in the Paris region for a core/core+ fund
STAM Europe, a subsidiary of real estate investment manager Corestate Capital Holding S.A., has acquired an office property complex of approximately 13,000 sqm in the city of Pantin, in the [...]
Corestate Capital Holding S.A. resolves on capital increase against cash contributions
Today, the management board of Corestate Capital Holding S.A., with the approval of the supervisory board, resolved on a capital increase against cash contributions through partial utilization of authorised capital. [...]
Corestate successfully increases capital and opens up significant scope for further profitable growth and debt reduction
CORESTATE increased its share capital by 19.5% today and placed the resulting shares in full with long-term investors without discount to the market price. The Company has increased its share [...]
Corestate publishes new financial outlook for the financial year 2020
CORESTATE withdrew its financial outlook for 2020 on 22 April 2020 in light of the impact of the COVID-19 pandemic. The Company has since gained a significantly better overview of [...]
Corestate publishes new 2020 forecast and expects significantly improved earnings in the second half of the year
CORESTATE today published its financial outlook adjusted for the currently predicted effects of the COVID 19 pandemic. For the financial year 2020, the Company expects aggregated revenues and gains of [...]
CORESTATE publishes ESG Report: Goals for the year achieved, measurable commitment to more sustainable property management disclosed
CORESTATE has achieved and in some cases exceeded the targets it set itself for its ESG Strategy for the 2019 reporting period. The fully digital ESG Report published today [...]
CORESTATE converts its entire €17 billion portfolio in Germany to green electricity and thus extends its pioneering role in real estate ESG strategy
CORESTATE will be converting its entire €17 billion portfolio managed in Germany to green electricity over the next few months. The company recently switched completely to green energy in the [...]
Financial figures for the first half of 2020 affected by corona crisis – investment markets recover gradually with focus on the fourth quarter
CORESTATE generated aggregated revenues and gains of € 95.6 million (previous year: € 121 million), EBITDA of € 25.9 million (previous year: € 68.9 million) and adjusted net profit of [...]
CORESTATE subsidiary STAM Europe launches joint venture in logistics and light industrial
STAM Europe and a North American institutional investor launch their second investment program in the logistics and light industrial sectors in France in the form of a joint venture – [...]
CORESTATE subsidiary Hannover Leasing acquires office complex in Neuss for a special AIF
Hannover Leasing has acquired Toshiba’s former European headquarters in the city of Neuss. This represents an attractive core office investment for a closed-end special AIF in which a small number [...]
CORESTATE subsidiary Hannover Leasing to acquire ACPS headquarters for a major German foundation
Hannover Leasing advised a major German foundation on acquiring the new corporate headquarters of ACPS Automotive in Ingersheim, Baden-Württemberg, and was responsible for structuring the deal. The transfer of ownership, [...]
CORESTATE PropBlog: Student housing is benefitting from long-term and structural drivers
In its current research “Corestate PropBlog”, Corestate analyses the impacts of COVID-19 on “student housing”. Key findings are: High demand versus supply bottlenecks for student housing prior to the [...]
