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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
Zug's Corestate buys Hanover office/retail at 8%
Zug-based private equity real estate investor Corestate has acquired from HSBC Trinkaus Real Estate the Rund Carré in Hanover, a new office and retail asset purchased for E25.5m, a price said by industry sources to be well below development cost of over E36m. The deal represents an initial yield of 7.9%.