PATRIZIA AG, a leading partner for global real assets, has sold a portfolio of 22 non-core residential properties on behalf of a German residential strategy as it looks to refocus the fund’s portfolio towards larger, more sustainable properties in locations that are more affordable or that are underpinned by significant future growth potential.
The strategy will also target high growth locations outside of Germany, with capital being recycled into key European markets including the Netherlands, Denmark, Scandinavia, Ireland, France, Spain and Italy.
You can read the full press release at the link below