Sovereign Wealth and Institutional Money Invest in Munich Offices

Posted on 05/31/2015

Gingko Tree Investment Ltd., a unit of China’s SAFE Investment Company and Pramerica Real Estate Investors, a unit of Prudential Financial Inc., have acquired more than 50% of funds that own the Siemens Campus in Munich-Neuperlach. The sellers of the stake are Hamburgische Immobilien Handlung (HIH) and RFR Holding, through its unit RFR Lux Holdings. […]