Half in Hamburg and half in Munich.
Construction years are between 1902 and 2008.
Sales price EUR 420 million, corresponding to EUR 4,800 per square meter.
Planned closing is end of 2019.
Luther Rechtsanwaltsgesellschaft mbH and Warth & Klein Grant Thornton were Akelius’ consultants in the transaction.
Pål Ahlsén, CEO:
This is an additional step in operation increase rating.
The sales proceeds will be used to reduce debt.
Our ambition is to increase our rating from BBB to BBB+.
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