An AEW Europe fund has sold a retail property in the German city of Cologne for EUR 25 mln, representing a 4.7% yield. EPI Walkabout Köln, an entity of the EPI fund co-advised by AEW Europe and Tristan Capital Partners, sold the redeveloped high street retail property in Cologne to Aachener Grundvermoegen Kapitalanlagegesellschaft.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
