MEAG completed the acquisition of three berlin residential complexes from Trei Real Estate.

MEAG, an asset management and real estate investment services firm, completed the acquisition of three berlin residential complexes from Trei Real Estate, a real estate company. Financial terms were not disclosed. “By adding the new-build units of Trei, we are expanding our real estate portfolio in Germany to include new residential buildings of the finest quality in premium locations. Even in Germany, the current market environment has begun to offer a growing number of opportunities in all relevant use classes again. As investment arm of insurance companies, investing their equity capital gives us an advantage over those competitors who rely on debt financing,” Dr. Stefan Haas, MEAG Managing Director.