Acquisition of a majority stake in KWG Kommunale Wohnen AG

By acquiring a majority stake in KWG Kommunale Wohnen AG, conwert extended its German portfolio by roughly 66% to nearly 24,500 units. Against the backdrop of conwert’s strategic orientation towards becoming a portfolio manager, KWG has extensive expertise in the German market with its own asset and property management, and competence in the long-term value increase of residential properties.

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