German real estate investor Commerz Real signed the deed for the purchase of De West development in Amsterdam from Dutch project developer Fortress. Once completed in the latter part of this year, the 11,000 m[sup]2[/sup] multi-functional office property will be added to the portfolio of the Euro Property 1 institutional real estate fund. The transaction volume of the transaction was EUR 37mln.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
