Corestate Capital Holding, the Luxembourg-based investment manager and co-investor, has acquired HFS Helvetic Financial Services and has integrated Hannover Leasing Group. HFS, based in Switzerland, is a provider of mezzanine financing to the German residential and commercial real estate market. The company focuses mainly on German and international property investments though it also invest in alternative assets. Once this latest transaction is close, total volume of assets under management by Corestate will grow to €20bn.
