St. Gallen: Pure Funds buys commercial building
The consulting firm JLL has brokered a property in St. Gallen to a Swiss real estate fund on behalf of the German investor Aachener Grund.
The high-street property at Multergasse 21 in St. Gallen has changed hands. The property has been acquired by Pure Funds AG, according to JLL. The broker acted as exclusive transaction advisor to the seller Aachener Grundvermögen Kapitalverwaltungsgesellschaft mbH.
Pure Funds recently announced two acquisitions in St. Gallen for the Pure Swiss Opportunity REF as part of a capital increase (IB reported).
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