Property Sector Dominates German ECM in Q1
Peter Barkow | you can get free real estate news >> HERE
We have taken a look at German Equity Capital Markets (ECM) activity (rights issues, capital increases, block trades, convertible placements etc.) and the significance of the real estate (RE) sector for it:
– RE contributes 36% or EUR1.7bn to German ECM volume in Q1 2014
– RE is therefore the most important German ECM driver in Q1 2014
– RE equity deals account for 33% and RE convertibles for 4% of German ECM volume in Q1 2014
– RE ECM share likely very high in April with EUR1.3bn placed incl. Buwog spin-off
