Buwog Meermann, a company of Immofinanz group, today announced that it bought a property at Wilmersdorfer Straße 67 at the corner of Gerviniusstraße 1-3 in the Charlottenburg-Wilmersdorf district of Berlin. The construction of three residential and commercial buildings with 100 flats in total is planned. BNP Paribas Real Estate brokered the transaction, Immofinanz says.
Buwog Managing Director Alexander Hoff: "Charlottenburg-Wilmersdorf is a district offering favourable prospects for residential developers and the new project fits precisely into our portfolio of high-quality development projects".
With this additional acquisition, Buwog Meermann currently has twelve projects in Berlin with a total of 1,500 residential units in construction or planning.