CBRE Investment Management (CBRE IM) has exchanged contracts to acquire a residential portfolio of five multi-family assets providing 1,350 apartments in Germany for a total of €560 mln. The vendor is German listed group Vonovia.
Elite Partners Capital, a Singapore-based firm, has bought an industrial asset south of Karlsruhe in Germany having paused from the market amid interest rate hikes of 2022 and 2023.
