TAG Immobilien AG. (DB:TEG) acquired 550 Units in Saxony for 12.9 million.
January 31, 2015 at 04:00 am
TAG Immobilien AG. (DB:TEG) acquired 550 Units in Saxony for 12.9 million in mid November 2014. In a related transaction, TAG Immobilien AG. acquired 2,300 residential units in northern and eastern Germany for 100 million approximately on November 26, 2014 and TAG Immobilien AG. acquired 300 residential units in Schwerin for 8.6 million earlier this week. The units in had an annual rent of 1.42 million. The portfolio was transferred I on January 31, 2015.
TAG Immobilien AG. (DB:TEG) completed the acquisition of 550 Units in Saxony on January 31, 2015.