German listed real estate company Estavis is acquiring a portfolio of 3,100 residential units in the Hohenschönhausen district of Berlin. The purchase price of EUR 110 mln is roughly 12 times current rental income.
German listed real estate company Estavis is acquiring a portfolio of 3,100 residential units in the Hohenschönhausen district of Berlin. The purchase price of EUR 110 mln is roughly 12 times current rental income.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.