conwert Takes Over Property Management for German Tower Group

Professional ServicesReal Estate ♦ Published: October 5, 2011; 12:54 ♦ (Vindobona)

Additional management of more than 4,600 residential and approx. 300 commercial units in Berlin and North Rhine-Westphalia At 30 June 2011, Austrian conwert managed a total of 60,825 residential and commercial units.

conwert Takes Over Property Management for German Tower Group / Picture: © Vindobona.org

The Austrian ATX-traded conwert Immobilien Invest SE will take over the management of the German portfolio of the Tower Group A/S as of 1 November 2011. The property company, which is listed on the Danish Stock Exchange, owns a total of 4,600 residential and approx. 300 commercial units, which will in the future be managed by conwert’s subsidiary alt+kelber Immobiliengruppe…