Berlin, 24th January 2018

HPBA brokers the sale of 123 apartments in Berlin-Spandau

HPBA, the leading German off-market specialist, has brokered the sale of 123 residential units in Berlin-Spandau. The transaction volume amounts to 14 million euros. The buyer is Berlin-based ADO Properties, the only pure play Berlin residential real estate company listed on Germany’s SDAX index. In addition to the apartments, the transaction also encompasses four commercial units and 21 outdoor parking spaces. The leasable area amounts to almost 7,500 square metres.

About HPBA Real Estate Solutions:

HPBA Off-Market Solutions is one of the few transaction experts in Germany to specialise in off-market deals. HPBA has accompanied real estate transactions with a value of more than 4 billion euros. The company accompanies and advises owners, investors and users on all aspects of real estate, as well as on transactions involving individual properties and on nationwide portfolios and complex deals in the form of joint ventures or mergers and acquisitions. The clients of HPBA are national and international family offices, as well as private and institutional investors. The founder, John Amram, and his team have many years of experience and extensive expertise in the field of high-quality real estate investments. The company was founded in 2009.

Press contact:

PB3C GmbH
Holger Friedrichs
Rankestr. 17
10789 Berlin
Tel. 030 72 62 76 163
friedrichs@pb3c.com

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