ACCENTRO Real Estate AG is the market leader in residential property privatization in Germany. In addition to its home market of Berlin, the company focuses on promising regions such as Hamburg, Rhine-Ruhr and Leipzig.
The company has now acquired a total of 2,598 residential units in eastern Germany from a private investor in two transactions by way of mixed asset and share deals, thereby expanding its real estate portfolio by 2,598 residential units to 5,005 units and more than doubling its own portfolio.
The attractiveness of the apartments is to be further enhanced for tenants by modernization measures. In doing so, ACCENTRO will draw on its many years of expertise and a grown network in asset and property management.
The acquired portfolio is intended to strengthen ACCENTRO’s position in attractive locations in eastern Germany. The locations include Gera, Halle, Zwickau and Dessau-Roßlau, as well as other cities in important metropolitan areas. The portfolio has a rentable area of around 153,000 square meters.
Advisor ACCENTRO Real Estate AG