CA Immo Closes Sale of Hesse Portfolio

Professional ServicesReal Estate ♦ Published: December 6, 2013; 10:48 ♦ (Vindobona)

The closing of the sales transaction is completed.

CA Immo Closes Sale of Hesse Portfolio / Picture: © CA Immo AG
  • Package of properties let to the state of Hesse for the long term with approximate market value  of € 0.8 bn is sold to a real estate fund of PATRIZIA group
  • The transaction will influence the CA Immo sales results of the 4th quarter 2013

Having signed the purchase agreement on 23th of October 2013 subject to certain…