An international family office has acquired the Live in Berlin residential portfolio in the German capital for around €71 mln.
BNP Paribas Real Estate, which brokered the transaction on behalf of the vendor, a German private investor, declined to disclose further details.
The Live in Berlin portfolio encompasses 14 properties and 432 housing units with a total area of more than 32,000 m2. The properties were all built between 1905 and 1989 and are spread across various existing residential locations in Berlin.
