In an off market deal, the Swiss real estate company REBA IMMOBILIEN AG acquired a 24-unit apartment house in Berlin for an affiliated Swiss single family office. REBA announced that it acquired the building in Prenzlauer Berg for its Swiss customer. The purchase price remains undisclosed.
REBA IMMOBILIEN is building up a €250M real estate portfolio
REBA is specialized on off market real estate and investment property. In the end of 2018, REBA announced that it will take care of the transaction management for a Swiss single family office. The current investment in Berlin is probably affiliated with the mandate. REBA is mandated to build up a portfolio worth €250M, consisting of residential properties, hotels and boarding houses, as well as commercial real estate. The Berlin-based AXIUM group takes care of the asset management of the family office portfolio in Berlin, Brandenburg and Kassel.
Picture source: Gilly
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