German fund sells building in Bucharest

According to the real estate market data quoted by Ziarul Financiar, the German asset management company GLL Real Estate Partners sells the Floreasca Park office project in Bucharest, the capital of Romania. The office, located near the intersection with Barbu Vacarescu Boulevard, was completed in 2013. The company purchased the office building for $ 104 …

RLI Investors expands fund portfolio

RLI Investors has acquired a logistic property in Kerpen for the open end special AIF RLI Logisctic Fund Germany II. The Cologne Lowland is one of the most efficient German logistic regions, with a trimodal infrastructure. The vendor is Alcaro Invest GmbH, a wholly owned subsidiary of Osmab Holding AG, with which RLI has already …

CBRE GI acquires IZD Tower in Vienna

CBRE Global Investors has acquired the IZD Tower in Vienna on behalf of Korean separate account clients in the largest deal seen in Austria for two years. The seller was a German fund managed by Austrian investment manager SIGNA. The 39-storey IZD Tower with an adjacent six-storey building has a high occupancy rate of 94% …