German property investment firm Deutsche Immobilien Chancen (DIC) said it had acquired a portfolio of 54 properties from German peer Hansainvest for a total of EUR 465 mln. The portfolio, with a total floor space of 351,000 m2, comprises 65% office space, 15% retail and 15% logistics properties.
German property investment firm Deutsche Immobilien Chancen (DIC) said it had acquired a portfolio of 54 properties from German peer Hansainvest for a total of EUR 465 mln. The portfolio, with a total floor space of 351,000 m2, comprises 65% office space, 15% retail and 15% logistics properties.
DIC said 40% of the portfolio is in prime locations in the cities of Frankfurt, Hamburg, Berlin and Dusseldorf, with the remaining 60% located in towns such as Kassel, Hannover, Braunschweig, Koblenz and Munster. A large proportion of the buildings is rented to ‘prime tenants’, the company said.
