German property company Immofinanz has acquired a 50% stake in a project in Cologne in a joint venture with the German developer Frankonia. The project consists of several office buildings with a total area of 140,000 m2, including the 47,000 m[sup]2[/sup] underground parking lot.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
