BERLIN-Benson Elliot Capital Management has exchanged agreementswith Speymill Deutsche Immobilien Company PLC subsidiaries topurchase the TOR residential portfolio for Benson Elliot RealEstate Partners III. The deal includes the acquisition of more than3,000 residential and commercial units in 80 assets in the primemetropolitan areas of Germany.
Three quarters of the TOR portfolio assets are situated inBerlin, Cologne, Frankfurt, Hamburg and Munich. The propertiesmeasuring just above 2,475,699 square feet are situated in Berlin.For the full story, go to Europe Real Estate .
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
