KGAL Investment Management has acquired the Rheingold residential complex in Wiesbaden-Schierstein for the KGAL/HI Wohnen Core 2 special fund. The 15,500-square metre development comprises 178 residential units and is fully let.
Savills Investment Management (Savills IM) has completed the acquisition of the logistics unit leased to Leroy Merlin in Piątek from Invesco Real Estate, on behalf of Korean institutional investors managed by Vestas Investment Management (Vestas).
CBRE Global Investors, on behalf of its CBRE European Industrial Fund (EIF), has acquired a logistics site of circa 177,400 sq m in Trebur, Germany. The seller is Deutsche Logistik Holding.
CBRE Global Investors has acquired Herenstaete, Amsterdam from a joint venture between Angelo Gordon and APF International. The c6,000 sq m building is located on the Herengracht 206-216 and is part of the UNESCO World Heritage Site.
RSK, an integrated environmental, engineering and technical services business, has acquired construction company Morrison Falklands Ltd (now trading as RSK Falkland Islands) and consulting engineering practice Nicholas O’Dwyer.
The acquisition bolsters Railpen’s portfolio of office investments in the capital, following the 2018 purchase of Thames Wharf Studios.
CBRE Global Investors has acquired, on behalf of its Logistics Venture Fund, a circa 120,000 sq m Italian logistics portfolio which includes a 40,000 sq m Grade A logistics warehouse and 194,000 sq m of land for an 80,000 sq m speculative development.
Penta Infra has acquired a high quality and well-connected datacenter facility in Düsseldorf. The site has a current capacity of two megawatts and has an upgrade potential to 10 megawatts.
Avignon Capital, a European investment and asset management firm has acquired its first data centre in Amsterdam for EUR11.55 million.
AEW has acquired a modern last mile distribution centre located in Erfurt, central Germany. The asset has been acquired on behalf of a German separate account from GIEAG Immobilien AG, the Munich based developer.