Amadeus purchases residential portfolio of 162 units in Siegerland, Germany

26 September 2016

Amadeus Group, based in Limburg, has purchased 162 residential units located in Siegerland, Germany. The portfolio, which is made up of 14 properties, was acquired from a private investor that is active in Germany. Eighty-four of the units are located in Siegen and were built between 1977-1978; the 78 apartments in Burbach in the Siegen-Wittgenstein were built in 1965, 1966 and 1973. Noctua Real Estate worked with both of the parties to the transaction.

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