Conwert in Talks to Purchase BGP Investment's German Properties

Countries ♦ Published: July 22, 2015; 14:00 ♦ (Vindobona)

Conwert Immobilien Invest SE currently is in exclusive discussions with BGP Holdings Europe S.à.r.l. with respect to the potential acquisition of the German residential property assets of BGP Investment S.à.r.l., an subsidiary of BGP Holdings Europe S.à.r.l.

Conwert in Talks to Purchase BGP Investment's German Properties / Picture: © Conwert

In this context, Conwert is currently conducting a comprehensive due diligence review of the relevant assets.

Conwert has not until now entered into any binding agreements concerning the potential acquisition of the relevant assets and the outcome of the related discussions is completely open.