Capital Bay buys 27 residential units in Stuttgart for open-ended special funds

The Berlin-based Capital Bay GmbH has completed the next investment for its open-ended special AIF CB Wohnimmobilien Deutschland. The company has acquired 27 residential units in Stuttgart-West purchase price is in the low double-digit million-euro range from Neuerburg Vermögensverwaltungs KG from Dresden. Hansainvest acts as Service-KVG (fund manager) for the…