Acquisitions

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Catella European Residential III acquires Hamburg and Dortmund assets for cEUR140m

Catella European Residential III acquires Hamburg and Dortmund assets for cEUR140m

Berlin-based Catella Residential Investment Management GmbH (CRIM) has acquired two German residential developments in Hamburg and Dortmund from property developer Gröner Group on behalf of the Catella European Residential Fund III (CER III), bringing the total value of the Fund’s assets under management to more than EUR500 million.