Commerz Real acquires residential complex in Berlin for special fund

Commerz Real Capital Management Company (Kapitalverwaltungsgesellschaft, KVG) has acquired a student and apartment building to be constructed in Berlin-Friedrichshain for its real estate special fund “CR Institutional Smart Living Fund”. The seller is Ansorg Development. It was agreed that confidentiality be maintained on the purchase price. The acquisition by Commerz…