UK REIT Stenprop has agreed to sell the Bleichenhof mixed-use property in the centre of Hamburg to Projekt Palais Verwaltungs GmbH, a vehicle beneficially owned by three German pension funds specialising in the provision of pensions to members of the medical sector in Germany, for €160 mln.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
