DWS buys €265.6m Dutch portfolio

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DWS (Deutsche Asset Management) has acquired a €265.6m (£234.7m) portfolio of 12 residential properties across the Netherlands on behalf of an institutional funds managed by its European real estate business.

The properties are split over four Dutch provinces of Randstad, Limburg, North-Brabant and Overijssel, and have a collective history of nearly 100% occupancy.

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