Reality Germany, a Berlin-based real estate company and part of the Reality Group, has acquired a portfolio of five properties, including two neighbouring properties in Dresden with a total site area of 23,209 sqm and 12,436 sqm of lettable space and three neighbouring properties in Rostock with a total site area of 17,029 sqm and 9,543 sqm of lettable space.
"We are pleased to expand our portfolio with the acquisition of these properties in Dresden and Rostock," said Julia Seyfried, Acquisitions Manager at Reality Germany.
"The properties are strategically located and offer attractive investment opportunities that we believe have long-term value growth potential."
Reality Germany, part of the Reality Group, the largest group of real estate funds in Israel with an investment portfolio of $3 billion in high-growth markets, focuses on value-add and opportunistic investments in the German real estate market.
Fieldfisher's real estate team advised Reality Germany on the acquisition of the portfolio.
"We are proud to have advised Reality Germany on this significant acquisition, which further enhances their real estate portfolio," said Maureen Pitzen, Counsel at Fieldfisher.
"The properties in Dresden and Rostock offer great value creation potential. We look forward to continuing to work with Reality Germany."
For more information, please visit https://www.reality-germany.com.
The Fieldfisher team advising Reality Germany comprised Philipp Stricharz (Partner, Federführung), Maureen Pitzen (Counsel), Mike Seemann (Senior Associate), Jonna Aldick (Associate), Robert Frühling (Associate) and Maximilian Halm (Associate, alle Real Estate).
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