Buwog to Expand Massively in Germany

Professional ServicesReal Estate ♦ Published: November 7, 2013; 22:12 ♦ (Vindobona)

Buwog, wholly-owned subsidiary of Vienna-listed Immofinanz, prepares the acquisition of a large real estate portfolio in Germany.

Buwog to Expand Massively in Germany / Picture: © Vindobona.org

BUWOG, a wholly owned subsidiary of IMMOFINANZ Group, is currently involved in a number of negotiations to expand its residential property portfolio in Germany. In this connection, discussions are also in progress with Solaia RE S.à.r.l Group, a joint venture of Prelios and an investment fund managed by Deutsche Asset & Wealth Management – Real Estate, concerning the possible…