Vivacon sells EUR 180 mln residential portfolio

By A staff reporter 2006-11-30T00:00:00

Vivacon, the German real estate company, has sold a large portfolio of residential properties to an international institutional investor for EUR 180 mln. The portfolio consists of 5,133 residential units with a total area of 305,700 m[sup]2[/sup] predominantly located in northern Germany and North Rhine-Westphalia on Germany's western border.

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