German fund manager Deka Immobilien has announced the purchase of Schloss-Arkaden shopping centre in Brunswick, near the German city of Hannover from the CS Euroreal fund managed by Credit Suisse Asset Management. With a transaction volume of EUR 250 mln, the acquisition is one of Germany's largest single-asset property deals signed in 2010.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
