Tishman Speyer has acquired an 88-unit housing project in Grenzach-Wyhlen in southwest Germany for an undisclosed amount.
The real estate manager, investing on behalf of an open-ended fund, is buying the housing project in a forward funding deal from Dutch construction and development company Ten Brinke.
The asset forms part of the Kapellenbach-Ost urban quarter development.
Source: realassets.ipe.com on the 22nd of September 2023