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The five-year loan is being provided by a consortium of Korean financial institutions administered by Civitas Alternative Investments.
Civitas will lead the future redevelopment of the Ihme-Zentrum which is currently home to about 1,500 residents and about 1,400 office workers from Enercity, the city of Hanover and Cardea Immobilien.
Civitas's IFRS net asset value at March 31, the end of its financial year, was 107.1 pence per share, up from 106.5p three months before.
There has also been a "collapse in single living" among those who do move out, with younger adults less likely to be living on their own, the Civitas report argued.
This is the first closing within the Civitas Pretium Fund, LP, which seeks to acquire and reposition branded U.S.
Civitas Capital Group is a leading independent specialty asset management and financial services firm, and Atlantic Hotels Group is an experienced hotel developer, owner, and operator.
Think-tank Civitas said 3.6million UK jobs are linked to exports to Europe.
Think-tank Civitas says 3.6 million UK jobs are linked to exports to Europe.
Civitas Therapeutics, a privately-held biopharmaceutical company developing and commercialising transformative therapeutics using its proprietary ARCUS technology, has completed USD55m Series C financing, it was reported yesterday.
Cutbacks continue through the summer, with Civitas Media LLC saying earlier this month it would shutter five weekly titles in the suburban Raleigh, N.C., area and three of its weekly newspapers in suburban Dayton, Ohio.
Long-standing suspicions remain even about such well-established educational partnerships as Civitas@Russia (Civitas), part of the larger Civitas International Civic Education Exchange Program working in 50 nations around the globe (Marx, 2005).
It proposes developing a third-generation CIVITAS programme - the current programme will expire this year - focused in particular on the themes of accessibility, information programmes for users and the convenience of urban transport.