BMO Real Estate Partners Germany has purchased the district development project "Cecilienhöfe" in Bremen's housing estate "Überseestadt" for its "Best Value Wohnen I" real estate special AIF. By the 1st half of 2021, 134 housing units are to be built in 12 houses, as well as four commercial units on the ground floor and 116 garage parking spaces. The total usable area amounts to approx. 8,900 sqm. The "Cecilienhöfe" are part of the "Cecilien Quartier" construction project, which includes two further office buildings. The seller is Cecilien Quartier GmbH & Co. KG, a project company of the DSBC Immobilien Gruppe. "Best Value Wohnen I" is administered by Service-KVG HANSAINVEST Hanseatische Investment-GmbH.