Heitman buys 285 apartments
Investment manager Heitman is reporting the acquisition of a German residential portfolio. The package consists of 285 rental units, eight commercial units, and 132 parking spaces, spread over three metropolitan regions including the cities of Hamburg, Frankfurt, Cologne, and Düsseldorf. No further information on the transaction has been provided. Heitman states it has invested €415mn in European residential property since 2018.
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