BERLIN-Group entities GSW Immobilien AG and GAGFAH S.A. have signed a contract for the sale of a residential real property portfolio in Berlin. GAGFAH has agreed to sell approximately 4,800 apartments to GSW Immobilien through a share deal.
The residential portfolio, being sold by GAGFAH, is valued at roughly EUR 330 million. The purchase price is expected to reach nearly EUR 65 million. The parties will conclude the agreements on short notice. For the full story, go to Europe Real Estate .
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