HIH Invest Real Estate (“HIH Invest”) sold a mixed-use office and retail building from the portfolio of a closed-end institutional fund to wohninvest Holding, a company domiciled in Fellbach near Stuttgart.

G City Europe Limited, has completed the purchase of a remaining 25% stake in the Arkady Pankrac Shopping Center in Prague, Czech Republic for a consideration of 60.5 million Euro.

Focus Estate Fund is expanding its operations in Poland with the acquisition of the Ferio Legnica, a Shopping Centre in the city of Legnica in southwestern Poland, from Austrian Raiffeisen Bank International. The center comes with a leasable area (GLA) of approximately 13,200 sq m, including retail space of 11,965 sq m and a footfall of approximately 2 million a year.

The redos Group has acquired the “Mariendorfer Damm” commercial center in Berlin’s Tempelhof district. The property was acquired as part of an asset deal for Union Investment’s special Alternative Investment Fund (AIF) called “Redos Einzelhandel Deutschland III”.

Union Investment has acquired the Nürtinger Tor development project via a forward funding deal. The building in the heart of Nürtingen dates back to 1971. Currently known as the Nanz Center, it is being converted into a mixed-use shopping and amenity center. Completion is scheduled for the second half of 2023.

Trei Real Estate just sold a portfolio of seven convenience centres, which the company manages on behalf of the Molento family office, to MEAG. MEAG will add the properties to an institutional property fund. The properties are located in Bad Camberg (the Rhine-Main region), Hanover, Heidelberg, Mainz, Ruhpolding (Upper Bavaria), Weilersbach (Upper Franconia) and Zornheim (Rhine-Main region).