Commerz Real is to merge its two open-ended real estate funds, hausInvest europa and hausInvest global, later this year. The merger scheduled for September will create the largest open-ended real estate fund in Europe, with a volume of about EUR 12 bn. The investment focus for the merged hausInvest fund will be on Europe, with a global component mixed in.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
