TIAA-CREF, Mfi snap up Berlin's Gropius Passagen

By A staff reporter 2012-04-18T00:00:00

TIAA-CREF, the pension fund manager for teachers in the US, and German retail specialist Mfi have formed an 80-20 joint venture to acquire the Gropius Passagen shopping centre in Berlin. The asset was sold by German property investor WealthCap on behalf of its closed-end HFS Immobilien Deutschland 11 fund. The ...

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