- Alpine Grove acquired Aurelis from Deutsche Bahn, Europe’s largest railway company.
- The portfolio consisted of an extensive number of properties located throughout Germany, many within close proximity to railway lines.
- Alpine Grove saw an attractive opportunity to redevelop undermanaged assets, improve operational efficiency, and develop unused land.
- A new management team was installed and restructured operations, systems, and processes to build a best-in-class investment and asset management business.
Deutsche Bahn, Frankfurt
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