Tristan Capital Partners’ core-plus CCP 5 fund and DW Real Estate (DWRE) have acquired a mixed-use medical and office complex in Dusseldorf, Germany, in an off-market deal worth €54 mln, from a closed-end fund managed by Comes Real.
German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.
