EPISO 4 the opportunity fund advised by pan-European real estate investment manager Tristan Capital Partners has acquired the landmark former Telegraph Building in central Oslo from Telenor Group for 62.2m (NOK 557m). Co-investing in the office city development project are the Malling and Vedal families.
Madison International Realty and Redos acquire the Christie Portfolio
KanAm Grund Group has bought property in Stuttgart's Europaviertel district for its new real estate fund for institutional investors. At the turn of the year the Fokus Süddeutschland Fonds bought part of the Stuttgart Cloud No 7 building as its second property. The building houses Germany's first "Jaz" design hotel by Steigenberger Hotels AG plus retail and parking space.
ActivumSG Capital Management Ltd. (ASG) has successfully completed Germanys first listing of a residential property development company as shares of Instone Real Estate begin trading today on the Frankfurt Stock Exchange. Instone is a leading nationwide developer in Germany which builds multi-family housing in the countrys major metropolitan areas and redevelops listed buildings for residential use. Based on the placement price for the shares Instone has a market capitalization of almost…