Benson Elliot snaps up distressed German resi portfolio

By A staff reporter 2012-03-23T00:00:00

Benson Elliot Capital Management, the UK-based private equity real estate fund manager, has exchanged contracts with a number of subsidiaries of Speymill Deutsche Immobilien Company (SDIC), to acquire the Tor residential portfolio on behalf of Benson Elliot Real Estate Partners III. Financial details were not disclosed.

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