Berlin, 13 August 2020 – ACCENTRO Real Estate AG, Germany’s leading housing privatisation company, just sold a real estate portfolio in Rostock to a family office. The portfolio, which ACCENTRO had acquired as recently as late 2018, includes 43 units with a combined surface area of 3,825 square metres.
It was agreed not to disclose the transaction selling price.
Lars Schriewer, CEO of ACCENTRO Real Estate AG, commented: “We would like to take the opportunity to thank the buyer for the trust-based collaboration. The successfully concluded transaction also highlights the grown interest that family offices and institutional investors have been taking in residential real estate as a sustainable investment asset class.”
ACCENTRO Real Estate AG is a residential property investor and Germany’s market leader in housing privatisations. Its real estate portfolio consisted of around 5,200 units as of 31 December 2020. In addition to Berlin, regional focal points include East German cities and conurbations, as well as the Rhine-Ruhr metro region and Bavaria. The business activity of ACCENTRO comprises four core divisions. These are the tenant-sensitive retailing of condominiums to owner-occupiers and private buy-to-let investors, the sale of real estate portfolios to institutional investors, the set-up and management of a proprietary real estate portfolio, and third-party condominium marketing for property asset holders, investors and developers. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de
ACCENTRO Real Estate AG
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