Berlin-based Catella Residential Investment Management (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 €500 mln.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
