Greenberg Traurig LLP

12/23/2025 | Press release | Distributed by Public on 12/23/2025 02:33

Greenberg Traurig Advises Peach Property Group on Sale of Approximately 2,000 Residential and Commercial Units

BERLIN - Dec. 23, 2025 - Global law firm Greenberg Traurig advised Peach Property Group AG, a Swiss real estate investor focused on rental apartments in Germany, on the sale of approximately 2,000 residential and commercial units from its non strategic portfolio to an institutional investor. The units represent roughly 38% of the non-strategic portfolio. The transaction is expected to close in the first half of 2026.

The majority of the assets are located in North Rhine Westphalia (NRW): 948 residential and 63 commercial units in Gelsenkirchen and Herne, and 290 residential and 38 commercial units in 15 additional NRW cities. A further 716 residential and two commercial units are being sold in various locations in Helmstedt/Goslar, Southern Germany, and the Bremen metropolitan area.

The purchase price is confidential. After deduction of liabilities, transaction and tax costs, Peach Property Group anticipates a net cash inflow of more than 40 million euros.

Greenberg Traurig provided legal advice on all real estate and corporate law aspects of the transaction.

Background:
Greenberg Traurig has been advising Peach Property Group on German real estate transactions since 2021, most recently in the sale of a portfolio comprising approximately 5,200 residential units in November 2024.


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