PropertyEU

Adler acquires €385m Berlin resi project from Benson Elliot JV

By a staff reporter 2017-11-17T00:00:00

wasserstadt mitte

Adler Real Estate, a German listed residential landlord, has acquired the 700-unit Wasserstadt Mitte development project in central Berlin in a forward-purchase transaction. The project is expected to have a market value of €385 mln.

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