Captiva Capital Partners III has acquired two real estate portfolios with a total of 38 retail and specialty stores in Germany for more than €121 million, Property Magazine International reports. The deal includes an approximately €65 million portfolio, previously owned by WGF AG, and a nearly €56 million portfolio, sold by Dinu Patriciu Global Properties (DPGP).

Trûon Rechtsanwälte, Arcadis and PricewaterhouseCoopers (PwC) represented Captiva in the acquisition of the portfolio of WGF, which was advised on the contractual arrangements by Hogan Lovells, Dusseldorf. Trûon Rechtsanwälte, Drees & Sommer and PwC advised Captiva on the acquisition of the DPGP portfolio. DPGP was advised by DTZ Frankfurt and Orrick Hölters & Elsing.

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