LEG €600 million acquisition of Vonovia real estate portfolio

2/11/2015
Private acquisition

€ 600 million

$ 661.38 million

Announced

2/11/2015


Overview:

  • LEG acquired a real estate portfolio from Vonovia for €600 million.
  • LEG and Vonovia are both listed German property companies. 
  • The portfolio comprises around 13,800 residential units in North Rhine-Westphalia. 

Ben Naylor - Regional Editor

Jurisdiction:

Germany

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Real estate


Firms:

Party: Leg Immobilien AG (Acquirer)

Lawyer: Thomas Müller


Party: Vonovia Se Na ON (Seller)