Tristan fund makes three transactions, totaling more than €250m

European Property Investors Special Opportunities 5 (EPISO 5), the value-add/opportunistic fund advised by Tristan Capital Partners, has acquired a trio of German commercial property acquisitions for a total investment of more than €250 million ($274 million).

With CMF Capital, a Berlin and Koblenz-based developer and investor, have acquired a plot for redevelopment in Berlin’s popular Neukoelln district for around €15 million ($16 million). The site was purchased from the Eversfrank Group, a family-owned commercial printing company and will be redeveloped to create around 30,000 square meters (323,000 square feet) of office and commercial space for an estimated total investment of about €100 million ($110 million).

The 12,000-square-meter (130,000-square-foot) plot is located in Ballinstrasse, a short walking distance from Karl-Marx-Strasse, cross-city underground services and the German capital’s A-100 motorway. The new development, “Ink”, which stands