11.12.2014 - German Kauri, Swedish Apeiron join SWF in €300m German housing JV
Kauri CAB Management and Apeiron Capital have teamed up with an unnamed sovereign wealth fund to invest in German residential property. The joint venture has invested €130m in a portfolio of 1,675 residential and 105 commercial units within 61 residential buildings in Germany. The 120,000sqm Zeus portfolio, spread across Magdeburg and Berlin, was sold by Zentral Boden Immobilien (ZBI). The partnership, which has an initial starting equity capital of €100m, is aiming to build a €300m portfolio including leverage...............................................Full Article: Source
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