Swiss private equity investor Corestate has teamed up with an unnamed investment fund to acquire a portfolio of 153 residential assets located in the Rhine Ruhr region of Germany valued at EUR 85 mln. The purchase of the 2,100 residential units was financed 'on competitive terms' by an unnamed German bank, the company said.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
