DGAP-News: Deutsche Wohnen SE: Deutsche Wohnen sells around 11,000 residential and commercial units to the State of Berlin
Retrieved on:
Friday, September 17, 2021
Deutsche Wohnen and the State of Berlin have reached an agreement on the sale of selected properties from the company's portfolio.
Key Points:
- Deutsche Wohnen and the State of Berlin have reached an agreement on the sale of selected properties from the company's portfolio.
- Michael Zahn, CEO of Deutsche Wohnen: "With the sale, we are reaffirming our role as a trustworthy partner for the State of Berlin.
- In this context, a total of around 20,000 apartments have been offered for sale to the state of Berlin by Deutsche Wohnen and Vonovia.
- Of the units acquired by the three state companies from Deutsche Wohnen, 19 percent is subsidized housing built between 1950 and 1999.