Brief: Vonovia Sells Berlin Housing Stock To Municipal Housing Companies

Deutsche Wohnen SE

17/09/2021 11:44

Sept 17 (Reuters) - VONOVIA SE  VNAn.DE :
    * SELLS BERLIN HOUSING STOCK FROM THE FUTURE AND SOCIAL PACT
FOR
HOUSING TO MUNICIPAL HOUSING COMPANIES
    * AGREEMENT ON SALE OF A TOTAL PACKAGE OF 14,750 VONOVIA AND
DEUTSCHE WOHNEN APARTMENTS FROM FUTURE AND SOCIAL PACT FOR
HOUSING TO BERLINOVO, DEGEWO AND HOWOGE
    * AROUND 4,250 OF THESE RESIDENTIAL AND COMMERCIAL UNITS
COME FROM
VONOVIA'S PORTFOLIO AT A PRICE OF APPROXIMATELY EUR 811 MILLION

Source text for Eikon:  ID:nEQ1V1JyBa 
Further company coverage:  VNAn.DE 

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