HOWOGE Wohnungsbaugesellschaft mit beschränkter Haftung
HOWOGE Wohnungsbaugesellschaft mit beschränkter Haftung: 15.000 new tenants: HOWOGE takes over portfolios purchased from Deutsche Wohnen and Vonovia
NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING, EITHER DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL Berlin, 04.01.2022. For around 15,000 Berlin residents, it was not just a New Year but also a new landlord. HOWOGE Wohnungsbaugesellschaft mbH has acquired a total of 8,267 residential and 233 commercial units from Vonovia and Deutsche Wohnen. They were transferred to the state-owned company’s portfolio on 1 January 2022. The apartments are located in almost all of Berlin’s districts. They centre around Friedrichshain-Kreuzberg with Kottbusser Tor, Steglitz-Zehlendorf with the Thermometer settlement and Neukölln with the High Deck settlement. “Securing and maintaining affordable housing in the long term is our social mission. From now on, the new tenants will benefit from the advantages of a state-owned landlord, such as the cooperation agreement with the Berlin Senate. At the same time, we are taking over around 3,000 units with social obligations. This is good news for the Berlin housing market,” says HOWOGE Managing Director Ulrich Schiller. “In this spirit, we would like to extend a warm welcome to our new tenants at HOWOGE.” With the purchase, HOWOGE is expanding its housing portfolio to a total of around 73,500 residential units. HOWOGE has a presence throughout Berlin, but with around 56,000 apartments the portfolios focus remains in the district of Lichtenberg, where the company mainly owns the large housing estates in Hohenschönhausen. HOWOGE will incorporate its many years of experience into managing the new properties. Investments in existing buildings, new construction and building schools Contacts and committees on site All the information and contacts for the new tenants can be found on the HOWOGE website at www.howoge.de.
Important notice: To the extent that this announcement contains forward-looking statements, such statements do not represent facts and are characterized by the words “expect”, “believe”, “estimate”, “intend”, “aim”, “assume” or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of HOWOGE Wohnungsbaugesellschaft mbH and are based on current plans, estimates and forecasts which HOWOGE Wohnungsbaugesellschaft mbH has made to the best of its knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by HOWOGE Wohnungsbaugesellschaft mbH. It should be kept in mind that the actual events or developments may differ materially from those contained in or expressed by such forward-looking statements. Contact: HOWOGE Wohnungsbaugesellschaft mit beschränkter Haftung Sabine Pentrop Spokesperson Stefan-Heym-Platz 1 10367 Berlin Germany Phone: +49 (0)30 54642420 E-mail: presse@howoge.de Internet: www.howoge.de Listed: Foreign Exchange(s) Luxembourg Stock Exchange End of Media Release Issuer: HOWOGE Wohnungsbaugesellschaft mit beschränkter Haftung Key word(s): Real estate
04.01.2022 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | HOWOGE Wohnungsbaugesellschaft mit beschränkter Haftung |
Stefan-Heym-Platz 1 | |
10367 Berlin | |
Germany | |
Phone: | +49 (0)30 54640 |
E-mail: | info@howoge.de |
Internet: | www.howoge.de |
Listed: | Luxembourg Stock Exchange |
EQS News ID: | 1264753 |
End of News | DGAP Media |