BUWOG to Strongly Expand Business in Berlin

Professional ServicesReal Estate ♦ Published: January 10, 2013; 13:57 ♦ (Vindobona)

Germany remains motor of growth for the Austrian real estate company. The subsidiary of Austrian Immofinanz acquires properties with 34,500 m² total space for 520 flats.

BUWOG to Strongly Expand Business in Berlin / Picture: © Berlin

BUWOG Meermann, a subsidiary of Austrian residential company BUWOG, which is wholly owned by the listed real estate company IMMOFINANZ Group, has acquired three properties in Berlin with 34,500 m² total space. 520 flats will be built on these properties, 320 of them in the district of Treptow-Köpenick and 200 in Berlin-Mitte. Following the market launch in May 2012…