Real estate agent JLL is taking over Acrest Property Group, one of the largest managers of retail assets in Germany, according to a filing with the Federal Cartel Office.
Real estate agent JLL is taking over Acrest Property Group, one of the largest managers of retail assets in Germany, according to a filing with the Federal Cartel Office.
Acrest Property Group was founded in Berlin in 2006 and currently manages around 900 retail assets worth €5 bn, in addition to advisory mandates for another 600 properties worth €6 bn.