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Catella expands German affordable housing mandate with 4,154 square metres acquisition

Catella Residential Investment Management (CRIM) has added 49 affordable apartments to its German residential investment mandate, which it manages on behalf of one of Germany’s largest cooperative banks. 

CRIM has invested an unspecified amount to buy the 4,154 square metres of apartments comprising four buildings in Düren, to the west of Cologne in North Rhine-Westphalia, from the Kloepfel Group.

Source: realassets.ipe.com on the 22nd of November

https://realassets.ipe.com/news/catella-expands-german-affordable-housing-mandate-with-4154sqm-acquisition/10070188.article