Dresden: CG sells Carré Löbtau to Heitman


CG Group is selling the residential project “Carré Löbtau” in Dresden to a subsidiary of Heitman LLC. The investment firm has stated that a purchase agreement has been reached. The five-story, 10,400 sqm ensemble consists of 148 apartments, two to four commercial units, and 116 parking spaces. The groundbreaking was in late 2017. CG quotes the sales volume of the units at about €38mn.


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