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Berlin

July 28, 2014

British multi family office LJ Group has allocated €100 million to an affordable student housing venture in Germany, already acquiring its first property in Berlin’s inner city. 

British multi family office LJ Group has allocated €100 million to an affordable student housing venture in Germany, already acquiring its first property in Berlin’s inner city.

The 30-year-old multi family office, which advises over $50 billion of assets, has partnered with Cresco Capital Group for the Cresco Urban Yurt venture.

 Their first purchase in the student housing venture is a €60 million redevelopment of an aging building on Frankfurter Tor.

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