German closed-end fund manager Hesse Newman Capital has bought an office building in Frankfurt's central business district for around EUR 73 mln. The property, which has a lettable area of around 45,600 m2, is rented to Deutsche Bahn until 2020. Around 1,900 staff work in the Deutsche Bahn premises.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
