The Millennium Portfolio comprises 26 office, 14 residential and 9 retail assets in Germany. : Commerz Real has agreed its biggest ever real estate deal with the acquisition of a German portfolio of 49 assets from Generali Lebensversicherung. IPE Real Assets understands that the manager, on behalf of its open-ended real estate fund Hausinvest, paid more than €2.5bn to buy the Millennium Portfolio.