Irish investor buys Neumarkt Galerie out of insolvency

Irish private equity firm Signature Capital has acquired one of Cologne's major landmarks, the Neumarkt Galerie mixed-use complex, from administrator Markus Heider of Goerg for around EUR 130-135 mln, well-informed market sources told PropertyEU. The price represents a nearly 25% discount to the amount paid by the former owner, Irish ...

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