Cerberus to Buy Two German Real Estate Portfolios
Cerberus Capital Management said Monday it has acquired two portfolios of German real estate properties. Financial terms were not announced. First, Cerberus has agreed to buy a portfolio of nine shopping centers, which include a combined floor space of 92,000 square meters, from Wells Fargo. Cerberus has also agreed to buy ten German retail properties, with an have an aggregate floor space of 263,677 square meters, out of administration.
22 July 2013•4 mins read
