German open-ended real estate funds (GOEFs) took advantage of favourable conditions in 2010 to increase their trading activities, particularly in cross-border transactions. In all, the funds bought and sold 173 assets for a total of EUR 10.9 bn, according to a new report published by the German fund association BVI.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
