Adler Real Estate, a German listed residential landlord, has acquired the 700-unit Wasserstadt Mitte development project in central Berlin in a forward-purchase transaction. The project is expected to have a market value of €385 mln.
Adler Real Estate, a German listed residential landlord, has acquired the 700-unit Wasserstadt Mitte development project in central Berlin in a forward-purchase transaction. The project is expected to have a market value of €385 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.