Corestate Group, a specialist private equity real estate investor based in Zug/Switzerland, has announced the acquisition of Rund Carré in Hanover from HSBC Trinkaus Real Estate for EUR 25.5 mln. The purchase price of the recently developed office and retail asset reflects an initial yield of 7.9%. A German bank provided financing for the asset.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
