Corestate Capital acquires 4,700 apartments in Germany

By A staff reporter 2010-01-18T00:00:00

Swiss real estate private equity firm Corestate Capital has entered into an agreement to acquire around 4,700 apartments from BGP Investment in Germany. The portfolio comprises over 300,000 m[sup]2[/sup] of lettable space in the west of the country and currently carries about EUR 150 mln of debt financing.

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