Acquisition of a residential portfolio in Germany

In August 2013 conwert announced the acquisition of a comprehensive German residential property portfolio containing 4,016 residential units and total space of 265,815 sqm. This should further strengthen the company’s presence on the German market and support the long-term focus on managing and developing residential property.

The majority of the portfolio is in the conwert core markets of Berlin, Leipzig and North Rhine-Westphalia.