CA Immo Continues Sales in Berlin

Professional ServicesReal Estate ♦ Published: July 20, 2012; 13:13 ♦ (Vindobona)

The planned liquidation of land reserves in Berlin by the Austrian property company CA Immo is gathering pace.

CA Immo Continues Sales in Berlin / Picture: © Berlin

In addition to the transactions worth around € 25.2m reported on 16 July, further sales with an approximate volume of € 24m have been contractually agreed.

The Groth Group is investing in a second parcel of land in Berlin, and another investor has come forward for a plot of land in the Berlin district of Europacity.

The sale of a…