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Savills: 2012 will be the year for large-scale residential transactions in Germany

Posted on 16 April 2012

Germany’s residential portfolio transaction market saw a significant boost in Q1 2012 when compared to the previous quarter and to Q1 2011 with 35 residential packages comprising approximately 56,000 units sold, according to Savills.
The total transaction volume, which totaled €2.92 billion included the sale of DKB Immobilien AG comprising approx. 25,000 residential units to TAG at approx. €960 million and that of LBBW’s portfolio of 21,000 units at approx. €1.4 billion to a consortium headed by Patrizia………………………………………..Full Article: Source


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