IMW Immobilien To Sell €130M RE Portfolio

Berlin-based IMW Immobilien is selling a real estate portfolio of 24 properties for around €130 million.

Berlin-based IMW Immobilien is selling a real estate portfolio of 24 properties for around €130 million, PropertyEU reports. The portfolio is being acquired by Nicolas Berggruen Berlin Holdings.

The transaction includes all of the Berlin assets of IMW’s Falcon Crest portfolio. Finalization of the deal depends on the approval of IMW’s financing bank.

Click here for the story from PropertyEU.