US private equity investor Oaktree Capital Management is gearing up to sell €550 mln of German commercial property assets, Boris Hardi, head of real estate at Sabal Financial Europe Germany, has told PropertyEU.
US private equity investor Oaktree Capital Management is gearing up to sell €550 mln of German commercial property assets, Boris Hardi, head of real estate at Sabal Financial Europe Germany, has told PropertyEU.
German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.