Listed property company Orco Germany has finalised the acquisition of commercial property owner Gewerbesiedlungs-Gesellschaft (GSG) from IBB-Holding, a unit of Investitionbank Berlin, for EUR 400 mln. GSG is the largest provider of commercial property in the Germany capital, with a portfolio of 800,000 m[sup]2[/sup] of commercial and light industrial space.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
