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Property funds hit 12-year low but managers raise hopes for 2025

Only $108.2bn was collected on behalf of 601 vehicles

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Knight Frank Berlin hires new research director

Fabian Sperber previously worked at Savills

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Kanam offloads €100m+ assets in Barcelona, Helsinki and Dresden

Open-ended fund Leading Cities Invest must meet redemption requests

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Periskop Partners expands team

Company adds portfolio management, investor relations and advisory roles

Cushman Germany's former head of hospitality launches new firm

Josef Filser's investment and asset management company will focus on properties with value-add potential

Permira takes majority stake in Westbridge

Genui has sold its stake in Frankfurt-headquartered energy and sustainability focused adviser

Becken withdraws from €100m deal with Adler

Developer had plans for 1,500 student flats near Frankfurt

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Wüest names new partner in Germany

Manging director Annika Steiner has been promoted