Berggruen acquires Berlin portfolio for EUR 130m

By A staff reporter 2011-08-08T00:00:00

Berlin-based IMW Immobilien has signed a contract to sell a portfolio of 24 properties to Nicolas Berggruen, the billionaire owner of the bulk of Karstadt chain of department stores in Germany, for about EUR 130 mln. The sales agreement between IMW and Nicolas Berggruen Berlin Holdings involves all of the ...

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Registration also includes access to IPE

Five reasons to register today

Access IPE Real Assets articles
Daily news alerts and updates
Track what the world’s leading institutional investors are doing
Learn about the latest industry research and market analysis
Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive

SEE HOW IPE REAL ASSETS CAN HELP YOUR business