German residential property company GSW has confirmed that it has acquired 1,300 apartments in Berlin over the last year. The deals were transacted in several blocks and the properties have a combined gross lettable area of 89,000 m[sup]2[/sup]. The investment volumes for the transactions was more than EUR 50 mln. GSW said it is planning further acquisitions for its own portfolio during the ongoing financial year. The company manages about 70,000 apartments, one of the largest housing portfolios in Berlin.
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