CSA Real Estate Germany plans to raise 50 million
CSA Real Estate Germany, an investment group of Credit Suisse Investment Foundation, plans to open for subscriptions. The target is a volume of around CHF 50 million, Credit Suisse says.
The investment group CSA RE Germany is focused on investments in German commercial properties. The new capital will be invested in the further expansion of the real estate portfolio.
Most recently, the investment group acquired the historic property Haus Friedrichstadt in the city center of Berlin-Mitte as of January 14, 2016. The property, built in 1935, is a listed building and is located in the Checkpoint-Charlie/Spittelmarkt office zone. In GDR times, it was the last building on Friedrichstrasse on the east side of Berlin and housed the popular Café Stadtmitte. The high-quality office and retail property with 7,000 sqm of leasable space was acquired as part of an asset deal. (ah)
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