TAG Immobilien AG acquires around 1,440 residential units in city of Brandenburg

At the end of February 2017, TAG Immobilien AG (TAG) registered the purchase of a residential property portfolio with 1,441 units and approximately 73,300 sqm of rentable space in the city of Brandenburg. The purchase price, including transaction costs shouldered by TAG, was €41.9m. The portfolio currently generates net rental…