Berlin, 16 November 2020 – ACCENTRO Real Estate AG, Germany’s leading housing privatisation company, sold a real estate portfolio in Berlin to an institutional investor. The portfolio comprises 35 units with a lettable area of 2,148 square metres. It was agreed not to disclose the selling price.

„The successful transaction underlines the continued high interest of institutional investors in residential real estate in Germany and Berlin", comments Lars Schriewer, CEO of ACCENTRO Real Estate AG.

About ACCENTRO Real Estate AG

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