A joint venture of Babcock & Brown and the Australian GPT Group has sold a mixed-use portfolio including 37 retail and office assets across Germany. The acquisition price comes to some EUR 230 mln. The properties have been bought from two Luxembourg-based real estate companies owned by UBS. Colliers Schauer & Schöll advised on this transaction.
A joint venture of Babcock & Brown and the Australian GPT Group has sold a mixed-use portfolio including 37 retail and office assets across Germany. The acquisition price comes to some EUR 230 mln. The properties have been bought from two Luxembourg-based real estate companies owned by UBS. Colliers Schauer & Schöll advised on this transaction.
