Valad Europe has sold a portfolio of seven fully-let properties totalling 50,000 m2 of lettable space to Beos' open-ended real estate fund Beos Corporate Real Estate Fund Germany III for over €60 mln.

Valad Europe has sold a portfolio of seven fully-let properties totalling 50,000 m2 of lettable space to Beos' open-ended real estate fund Beos Corporate Real Estate Fund Germany III for over €60 mln.

The properties are located in Düsseldorf, Nuremberg and Puchheim and are used for office and industrial purposes.

The assets were sold on behalf of Valad's V+ Germany mandate.

Berwin Leighton Paisner advised Valad Europe on the sale.