Grünwald, 07/09/2022 - The KGAL Wohnen Core 2 fund, managed by KGAL GmbH & Co. KG, has sold a residential complex with 254 rental units in Brühl near Cologne, to Domicil Real Estate AG.
Following its acquisition of the complex, KGAL, as an active asset manager, renovated the energy efficiency of the complex and, among other things, upgraded the lifts. As a result of the renovations an attractive market price was achieved on behalf of the fund’s investors.
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