German property fund Commerz Grundbesitz-Spezialfondsgesellschaft (CGS) is to acquire the mixed-use Depot Sachsenhausen development in Frankfurt for EUR 45 mln from a joint venture of several development companies. Depot Sachsenhausen is a former tram depot that incorporates three historic building units with a total floor space of 13,000 m[sup]2[/sup] and 120 parking spaces.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
