Portfolio I - Berlin, Germany

Multi-Family Housing

Acquisition of Portfolio I, a portfolio of 467 multi-family residential units and 25 commercial assets in attractive locations in Berlin.

The portfolio was acquired in July 2015 and forms part of a joint-venture with a leading, international Sovereign Wealth Fund for the purpose of acquiring, refurbishing, redeveloping and optimizing centrally located multi-family residential properties in the greater Berlin area and nearby capital cities.