In-West Immobilien GmbH, based in Germany, has sold Samson Portfolio to Deutsche Wohnen AG. Financial terms have not been disclosed.
Samson is a residential portfolio with approximately 61,000 sqm (910 residential, 36 commercial units) at Teupitzer Park in Berlin-Hellersdorf.
Deutsche Wohnen is one of the leading listed residential companies in Germany. Its operational focus is on managing and developing its residential property portfolio.
In-West Immobilien is a value-adding investor, focusing on real estate with an increased vacancy and maintenance backlog. Currently, the company has more than 9,000 apartments under management.
Oaklins' team in Germany advised the seller on the whole transaction process.
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