Alstria Office-REIT has agreed to acquire two office buildings in inner city locations in Hamburg for a total transaction cost of around EUR 20 mln in an off-market transaction. The Hamburg-based investment company said that the properties offer significant value creation potential, as the vacancy rate of 24% provides scope for active asset management measures.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
