PropertyEU

Pramerica forms EUR 120m Berlin residential jv

By A staff reporter 2011-08-17T00:00:00

Pramerica Real Estate Investors has formed a EUR 120 mln joint venture to invest in apartment blocks in Berlin, the largest residential market in Germany. The Luxembourg-based joint venture, Preco Kauri CAB, has already acquired 13 residential buildings for EUR 24 mln. The assets comprise 325 residential units over 22,000 ...

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