Corestate buys EUR 85m distressed German portfolio

By A staff reporter 2011-03-22T00:00:00

Swiss private equity investor Corestate has teamed up with an unnamed investment fund to acquire a portfolio of 153 residential assets located in the Rhine Ruhr region of Germany valued at EUR 85 mln. The purchase of the 2,100 residential units was financed 'on competitive terms' by an unnamed German ...

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