Buwog Aquires Portfolio in Berlin

People ♦ Published: November 20, 2013; 18:04 ♦ (Vindobona)

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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