German real estate investor TLG Immobilien and hotel and office investor Aroundtown have finalised terms for a proposed merger which will create a new company with a combined total of €25 bn of assets.
French asset manager Primonial REIM has finalised the sale and leaseback acquisition of eight senior facilities in Germany from the Dana-Sarec group for €145 mln, on behalf of its real-estate fund SCPI Primovie.
