Quantum buys German portfolio for EUR 52m

Hamburg-based Quantum Immobilien has purchased a commercial real estate portfolio for EUR 52mln. The portfolio consists of six office properties and one office and commercial building with total rental space of about 35,000 m[sup]2[/sup] located in the cities of Düsseldorf, Munich, Wupertal and Cologne. One of the properties, a vacant office building in Munich comprising about 8,000 m2, has already been resold for EUR 12 mln.

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