The Carré Löbtau development in Dresden was acquired for an undisclosed sum. : Real estate investor Heitman has acquired a German residential development for an undisclosed amount. The $43.5bn (€38.19bn) manager will buy the Carré Löbtau development in Dresden from property developer CG Gruppe. The property is composed of 148 residential and two to four commercial, Heitman said, adding that upon completion, the property will also include 116 parking spaces.