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Tristan Capital buys €300M of German commercial properties for funds

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Tristan Capital buys €300M of German commercial properties for funds

Tristan Capital Partners LLP purchased €300 million of commercial properties in Germany for its core-plus and opportunistic investment vehicles, Real Estate Finance & Investment reported, citing Ali Otmar, senior partner at Tristan.

With the recent acquisitions, Tristan has completed nearly €1.2 billion of deals in the country over the past year, comprising €550 million of purchases and €635 million of sales.

The U.K.-based investment manager lists more than €10 billion in assets under management for its pan-European real estate funds, which include core-plus and value-added/opportunistic strategies.