Arab Investments Limited, advised by Savills, has acquired EUR 300 mln of German-based properties as part of its drive to build a EUR 500 mln portfolio for the shariah compliant fund. The UK property company has invested in 12 properties, and has a further EUR 250 mln under offer. The portfolio comprises retail and office properties, Savills said. The vendors were well-known German developers Bauwert, OFB and Zublin in Gera and Berlin.
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