The Catella European Residential III Fund (CER III) has acquired a 177-unit fully rented student housing development in Leipzig, in the eastern German state of Saxony, for around €23 mln from family office, Drengenberg.
Pbb Deutsche Pfandbriefbank, the European specialist bank for commercial real estate finance, has provided a €118 mln senior loan to support the acquisition of a logistics portfolio by Clarion Partners Europe, on behalf of one of its commingled funds, from funds managed by Blackstone.
