Merrill Lynch, Colonia RE acquire German residential portfolio

Merrill Lynch and German property company Colonia Real Estate have acquired a residential portfolio for around EUR 103mln from Bonn-based Wohnbau. The portfolio consists of 51 properties with around 2,000 residential apartments in Berlin and Bavaria. The combined area of the acquired properties comprises about 140,000 m[sup]2[/sup]. Merill Lynch holds ...

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