Scandic Hotels has expanded its presence in Germany after partnering with real estate manager IREMIS to open a new site in Freiburg. IREMIS purchased the property from its previous owner, while Scandic signed a long-term lease. Set to open in autumn 2027 following extensive refurbishment work, the 219-room hotel will feature flexible meeting spaces, dining areas and wellness facilities situated directly opposite Freiburg's main railway station.
Arup and Obermeyer GmbH & Co. Kg have secured a masterplanning contract from Autobahn GmbH to redesign the A3/A1 motorway junction in Leverkusen. As one of Germany's oldest and busiest interchanges, the site will undergo extensive modernisation to ease congestion. The joint venture project features key civil engineering works, including a new one-kilometre bridge near the BayArena, while maintaining continuous traffic flow during construction.
The global investment firm H.I.G. Capital has launched Highground Living, a €1 billion German residential property platform based in Berlin. The business consolidates the firm's current regional assets alongside a new €450 million acquisition in Leipzig and Dresden. The platform targets long term sector growth driven by widespread structural housing shortages and resilient tenant demand.
Frasers Logistics & Commercial Trust has agreed to acquire interests in four freehold logistics properties in Germany and the Netherlands for approximately €294.9 million. The portfolio is fully occupied with a 5.7-year weighted average lease expiry. Funded via external debt, the transaction is expected to increase the trust's distribution per unit and expand its total portfolio to 118 properties.
Global investment group La Caisse and Prologis, Inc. have formed a new joint venture, Prologis Logistics Investment Venture Europe (PLIVE). The partnership begins with a EUR 1 billion portfolio of logistics assets across five European nations. La Caisse will hold a 70 per cent stake in the venture, while Prologis acts as the operating partner. The deal focuses on long-term growth through the acquisition and development of high-quality industrial properties.
Hines and Burstone Group have launched a pan-European light industrial joint venture, seeded with a R760 million investment. The partnership has acquired six assets across Germany and the Netherlands, totalling 49,000 square metres. Burstone will manage the portfolio, taking a 20% equity stake alongside the Hines European Real Estate Partners III fund. The strategy targets value-add opportunities driven by nearshoring and supply chain growth.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
