Dusseldorf-based Corpus Sireo has sold its property management unit, Corpus Asset Wohnen (CAW), to real estate manager Treureal for an undisclosed amount. CAW's approximately 60 staff members will receive a two-year job guarantee and will continue to manage some 10,000 residential and commercial units belonging to Corpus Sireo nationwide. 'The sale of our property management company enables Corpus Sireo to focus even more intensively than before on asset management,' said CEO Michael Zimmer. CAW has about 60,000 residential units under management.
Premium subscriber content – please log in to read more or take a free trial.
