Patrizia: Nationwide residential portfolio acquired for €270mn
Property: 2,700 residences (portfolio)
Cities: Cologne, Hamburg, Berlin, Germering
Transaction date: 3/8/07
Buyer: Patrizia Group
Seller: Gerling Life Insurance
Transaction volume: €270mn
Additional information: The property portfolio was structured and financied by Bayerische Landesbank (BayernLB) as the lead arranger.