BlueRock Group further expands presence in Berlin's residential market

Berlin: The BlueRock Group has acquired a total of 13 residential buildings in the German capital. The Swiss company is thus investing 112 million euros in its own Berlin residential real estate portfolio. The centrally located buildings comprise a total lettable area of around 25,000 sqm distributed across 326 residential and 25 commercial units and will be refurbished for a high double-digit million euro amount. BlueRock Group was assisted in the transaction and structuring by PWC, Finance and MB Advisors.

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