CBRE IM completed the acquisition of residential asset in Badalona Port from Culmia.

CBRE Investment Management, a private equity firm, completed the acquisition of residential asset in Badalona Port from Culmia, a real estate developer. Financial terms were not disclosed. "We are delighted to once again work with CBRE IM in a build-to-rent operation in one of the places where access to housing is most complex. Our commitment at Culmia, is to professionalise rental housing, offering modern homes with the highest standards of quality and design, tailored to meet the needs of our clients, which is a core business area," Francisco Pérez, Culmia CEO.