German investment manager Commerz Real has acquired a 25% stake in the Elbtower high-rise development by Signa Real Estate in Hamburg's HafenCity for its open-ended real estate fund Hausinvest.
Frankfurt-based fund manager Habona Invest has acquired two retail parks in the Bavarian cities of Passau and Kirchseeon from the Küblböck Group for around €26 mln.
