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Catella buys senior living development near Leipzig for €50m

Catella European Residential (CER), the German public open-ended real estate fund, has acquired a 14,000 sqm waterfront development of 137 senior living apartments distributed across four buildings on Lake Zwenkau on the southern edge of Leipzig for approximately €50 million.

The seller is Seebad E...

Photos: Catella Residential Investment Management