24th June 2017 - Immobilien Zeitung

HPBA Oversaw Sale of 1,200 Residential and Retail Units

HPBA oversaw the sale of a property portfolio, encompassing an interesting mix of around 1,200 residential and retail units and worth almost 135 million euros.

Berlin-based, transaction adviser HPBA oversaw the sale of a property portfolio worth around 135 million euros. The portfolio encompasses about 1,200 residential and retail units with an occupancy rate of 97.5 %. HPBA Director John Amram describes it as an “interesting mix of residential buildings, and single objects that can be privatised”.
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This article was originally published in German only. A summary in English is available.

Summary
HPBA oversaw the sale of a property portfolio encompassing around 1,200 residential and retail units worth almost 135 million euros. The units had an occupancy rate of 97.5 % and were an “interesting mix of residential buildings, and single objects that can be privatised” according to the director of HPBA, John Amram. The units are located throughout Germany, in, amongst others, Berlin, Leipzig, Düsseldorf and Cologne, and are in good condition. HPBA will only reveal that the seller is from an internationally operating family office and the buyer an institutional investor.
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