PropertyEU

JER, IPAM buy German portfolio

By A staff reporter 2007-02-19T00:00:00

JER Partners has set up a joint venture with Germany's International Property Asset Management (IPAM) to purchase three commercial properties in the north of Germany from a mortgage bank for EUR 18.5 mln. The transaction represents the first step for US-headquartered JER Partners towards the development of a commercial property ...

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