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Tishman Speyer acquires housing project in southwest Germany

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 

https://realassets.ipe.com/news/tishman-speyer-acquires-housing-project-in-southwest-germany/10069061.article