The off-market acquisition is the first deal for a new core mandate
First investments will be in Lower Saxony
The six properties combine 21,000 sq m of warehouse, office and mezzanine space
New fund will acquire and refurbish commercial and residential properties
Gerold Jaeger has been advising on real estate transactions since 2004
Quantum and municipal housing firm Saga to invest €200m in the project
Panattoni will complete the building by the end of 2025
German REIT's CEO discusses the firm's progress in debt relief and what's next on his to-do list
Successful sale could bring city's prime yield back to 4%