The German residential portfolios market is on track to reach a total turnover of EUR 10 bn in 2012, after posting EUR 6.13 bn in transactions in the first six months of the year, according to international real estate advisor Savills. The H1 2012 total is the highest in five years and marks a 75% rise on H1 2011, when investment volume reached EUR 3.5 bn.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
