ISIN-Nr. DE 000 A0BVWY6 und DE 000 A0BVWZ3

IMW Immobilien AG, Berlin, could successfully negotiated contracts on the sale of its subsidiaries (94.9 %) Valbonne Real Estate 4 B.V., Valbonne Real Estate 9 B.V. and Valbonne Real Estate 12 B.V. all registered in Amsterdam.

This deal included all the properties in North-Rhine Westphalia and some in Berlin. The NRW-properties content more than 1,050 units with a rental space of approx. 61,500 sqm. The sold Berlin-portfolio (1.300 units) have a rental space of more than 53,000 sqm.  The total sale volume amounts up to € 82 millions.  

After that deal and the sale of the PRIMA-Portfolio in November 2009 the IMW-Group now has approx. 5.800 units with a net rental income per year of € 25 million.