Deutsche Wohnen completed the acquisition of a 40% stake in Quarterback Immobilien for 257m.

Synopsis

Deutsche Wohnen, a Germany property company, completed the acquisition of a 40% stake in Quarterback Immobilien, a real estate services firm, for 257m. This secures the company access to a large number of new construction projects in its core markets, especially in the Dresden / Leipzig region.

Principals

target

Quarterback Immobilien

bidder

Deutsche Wohnen

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Market Context

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Bidder Team (3)

philip grosse

CFO at DEUTSCHE WOHNEN AG

Manager

bidder

Deals

£ 26.19 B

Total Value

matthias hunlein

Chairman at DEUTSCHE WOHNEN AG

Manager

bidder

Deals

£ 23.48 B

Total Value

michael zahn

CEO at DEUTSCHE WOHNEN AG

Manager

bidder

Deals

£ 27.63 B

Total Value

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