An international family office has acquired the Live in Berlin residential portfolio in the German capital for around €71 mln.

international family office buys berlin resi package for 71m

International Family Office Buys Berlin Resi Package For 71M

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.