German financial services group Aragon and HSH Real Estate are forming a 'strategic partnership' which will focus on closed-end fund sales. Under the agreement, HSH Real Estate has acquired 25.1% of Aragon's subsidiary, BIT Beteiligungs- & Investitions-Treuhand, for an undisclosed amount. The transfer is subject to approval from the competition authorities.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
