PATRIZIA acquires high-quality residential portfolio in Hannover

PATRIZIA acquires high-quality residential portfolio in Hannover

Published at: 2018-07-10 09:45 | Author: CIJ Europe
PATRIZIA Immobilien has acquired a residential portfolio comprising 145 apartments across six properties in Hannover for EUR 34 million from a private seller. The properties are fully let and situated in the highly sought-after city of Hannover, the capital of Lower Saxony. Three of the six properties are located close to Maschsee, the largest lake in Hannover. In total, the portfolio has a leasable area of more than 11,300 sqm comprising approximately 9,000 sqm of living space and over 2,000 sqm of commercial space.

Similar Stories:

Berlin’s battle over resi rents heats up with referendum call
With a rise in rent provokes anger in Berlin, some residents are hoping to put the squeeze  »
Rising residential prices driving up Prague rents
Demand for rental apartments is growing rapidly, driving up the price of rents, according  »
Kovanda: Flats in Prague could double in price by 2030
Prague is missing 20,000 flats, writes the economist Lukáš Kovanda, and with 160,000 new  »
Apartment sales start at Jagodno project in Wrocław
Robyg has laid the foundation stone at the Jagodno scheme, going up between Buforowa and K  »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »