CB Richard Ellis Strategic Partners Europe Fund III has acquired its first assets in Germany with the purchase of eight properties in Hamburg, Dusseldorf, Frankfurt and Munich. The portfolio comprises a total area of 69,000 m2, of which more than 60% is office space and around 20% is residential. The fund is managed by CB Richard Ellis Investors.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
