13 March 2012

MIPIM 2012: Germany not the ‘Safe Haven’ it’s perceived to be Statement by Ralph Winter, Founder and Chairman of Corestate Capital AG

“The high level of uncertainty amongst bankers and investors, that has received so much press attention in recent weeks and months, is almost palpable here in Cannes. The focus of this attention appears to remain on sourcing core product. The banking community is as reticent as ever, despite the recent ECB tender.

12 March 2012

Distressed Property Breakfast: Local, asset expertise, new equity to help

PIE’s first Distressed Property Breakfast brought together five experts in London to discuss the theme: Distressed portfolios are emerging in Europe this year. How big is the problem? Can it be handled? Held in the offices of DLA Piper in London, PIE welcomed (left to right): Philip Burns, CEO, Corestate Capital Advisors, London; Nassar Hussein, Managing Partner, Brooklands Partners, London; Anders Palmgren, Head of Corporate Finance, Catella, Stockholm; PIE’s Allan Saunderson; Bjorn Sjoeberg, Partner, DLA Piper, Stockholm; and Michael Walton, CEO, Rynda Property Investors, London.

1 March 2012

CORESTATE GROUP acquires €53m distressed high street retail portfolio

CORESTATE Group, a specialist private equity real estate investor based in Zug/Switzerland, with partner offices in Frankfurt, Essen, London and Luxembourg, has today announced that it has acquired a German high street real estate portfolio with a market value of €53m.