German fund Commerz Grundbesitz Investgesellschaft (CGI) has sold the Gateway Centre in the Netherlands to Europa Immobiliare No 1, a real estate fund run by Italy's Vegagest, for about EUR 43 mln. The Gateway Centre is located in Amstelveen, a municipality neighbouring Amsterdam, and is leased to Fortis Bank Netherlands.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
