BUWOG Closes Acquisition of DGAG Portfolio

Professional ServicesReal Estate ♦ Published: June 30, 2014; 18:16 ♦ (Vindobona)

The BUWOG Group has closed its acquisition of approx. 18,000 units in Northwestern Germany after antitrust clearance by the German Cartel Office and completion of further conditions precedent according to schedule.

BUWOG Closes Acquisition of DGAG Portfolio / Picture: © BUWOG - Bauen und Wohnen Gesellschaft mbH

The BUWOG Group has closed its acquisition of approx. 18,000 units in Northwestern Germany after antitrust clearance by the German Cartel Office and completion of further conditions precedent according to schedule.

The units comprise the so-called DGAG Portfolio. The signing of the transaction had already been announced on 12 February 2014. The seller is Solaia RE, a…

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