Habona Invest acquires retail assets for EUR 20m

By A staff reporter 2012-05-15T00:00:00+01:00

German closed-end fund manager Habona Invest has invested EUR 20 mln in nine retail properties across several towns in Germany. The new and development properties comprise a total of 14,000 m[sup]2[/sup].

German closed-end fund manager Habona Invest has invested EUR 20 mln in nine retail properties across several towns in Germany. The new and development properties comprise a total of 14,000 m².

The assets were acquired from four vendors.

Seven of the assets are being added to Habona's Fund 02, which is now 80% invested.