Savills IM divests German Retail Fund in $360.96m deal

Savills IM divests German Retail Fund in $360.96m deal

Visual of Savills Investment Management homepage. April 2016.

International real estate management firm Savills Investment Management (Savills IM), which formerly operated under the brand of Cordea Savills, has divested the property portfolio of its German Retail Fund for EUR320 million (US$360.96 million) to SDAX-listed real estate services corporation Patrizia Immobilien AG.

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