...in Germany Apeiron Capital and Kauri CAB form €300 million property joint venture with leading global Sovereign Wealth Fund and acquires a €130 million portfolio in Berlin, Brandenburg and Magdeburg. The portfolio comprises 1,674 multi-family residential units and 94 commercial assets.
Jacob Cronstedt, principal of Ailon comments:
“The returns on offer from northern European residential property make the asset class increasingly attractive to investors and we are seeing a growing number of excellent investment opportunities particularly across Germany. With the backing of a major global sovereign wealth fund we are well placed to capitalise on these going forward.”