Colonial muscles in on EUR 1 bn Hercules portfolio

By A staff reporter 2006-11-23T00:00:00

Colonial Real Estate has taken a first stake of 4.8% in OCM German Real Estate Holding, the 100% owner of the EUR 1.1 bn Hercules real estate portfolio. Colonial acquired the interest through its subsidiary CRE German Office and it said it plans further acquisitions.

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