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Buwog Aquires Portfolio in Berlin
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Published: November 20, 2013; 18:04 ♦ (Vindobona)
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Buwog has once more acquired apartments at the German real estate market.
Buwog Aquires Portfolio in Berlin / Picture: © BUWOG - Bauen und Wohnen Gesellschaft mbH
Buwog, the affiliate of listed Austrian real estate company Immofinanz, has purchased a portfolio consisting of 1,185 apartments with a total renting space of 79,422 square meters in Berlin and the area nearby. The purchase price comes at € 50m, according to the press release published today. The average price per square metre is around € 630. According to the company’s statements…
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