SEB ImmoInvest buys EUR 237m German portfolio

SEB Immobilien-Investment has acquired a portfolio of six German office and retail properties comprising total surface area of about 78,300 m[sup]2[/sup] for its mutual fund SEB ImmoInvest from Züblin Development. The total investment volume is around EUR 237 mln, including EUR 13 mln transaction costs. Züblin, which is part of the Strabag SE Group, was advised by Colliers PropertyPartners.

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