Schroder Real Estate buys Hornbach store in Brunswick from M7 Real Estate

Schroder Real Estate Kapitalverwaltungsgesellschaft mbH has acquired a DIY centre in Brunswick (Braunschweig), let on a long lease to Hornbach, for one of its existing funds from M7 Real Estate Ltd. The purchase price for the transaction, carried out as a share deal, was €30 million. M7 became asset manager…