Swedish property company Kungsleden is acquiring two retirement homes near Dusseldorf for almost EUR 15 mln, reflecting a yield of 6.7%. The transaction is part of the company's strategy to build up a portfolio of EUR 533 mln of retirement homes holding in Germany by the end of 2008.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
