CMC Capital, the Cork-based property investment division of Crowley & McCarthy Chartered Accountants, has completed a €65m deal to purchase a well-known shopping centre in Hamburg in Germany.
It says the Bahnhof Altona shopping centre is situated in a prime location at the city's Altona rail station, which is used by 100,000 city commuters every day.
CMC says there are usually between 150 to 200 investors in each syndicate structured by CMC, which has been involved in the German market since 2004.