Frankfurt-based real estate company DIC Asset has purchased a mixed portfolio of 13 properties in Germany from iii Investment's Euromobil fund for EUR 173 mln. The properties are located in major cities such as Munich, Frankfurt, Wiesbaden, Flensburg and Leipzig. About 60% of the 77,000 m[sup]2[/sup] portfolio is used for retail, mainly in prime pedestrian zones, while the rest is office and commercial space. The properties were acquired for DIC Asset’s value-added segment.
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