Wednesday, January 6, 2010

German Apartment portfolios: Transaction volume topped €3bn in 2009

The trade in German apartment portfolios is revving up again: a market report put out by Savills states that packages exchanged briskly in 2009, particularly in the second half. Accordingly, a total of 107 portfolios with some 56,000 residential units switched owners in 2009, 68 of them during the second half of the year. The transaction volume for the entire year is estimated at €3.2bn.

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