Patrizia Immobilien Kapitalanlagegesellschaft (KAG), the capital investment unit established recently by German real estate company Patrizia Immobilien, on Tuesday played down concerns about the German residential market shortly after it announced its first residential fund - the first of 10 new funds it plans to establish in the next few years.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
