Patrizia buys residential units for EUR 300 mln

Patrizia has acquired a portfolio of 2,667 residential and 70 commercial units from HDI Gerling Lebensversicherung for about EUR 300 mln. The total net floor space in the portfolio adds up to around 195,000 m[sup]2[/sup]. The residential properties include a variety of complexes in top locations in western German conurbations.

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