Isaria sells to Commerz Real and Wertgrund in Munich for €49.6m

Munich's „Diamaltpark“ is gaining momentum: Project developer Isaria Wohnbau has found an end investor for a residential project with Commerz Real and Wertgrund Immobilien. The two partners are paying €49.6 million for the residential project with 146 apartments, which will be contributed to the open-ended real estate fund ''Hausinvest''. In…