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Patrizia Completes the Sale of a Residential Portfolio in the Netherlands for €375M

The Heimstaden company has acquired this portfolio, which is made up of 2,023 homes and 60 commercial units.

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Canal in Amsterdam (The Netherlands).

The German real estate group Patrizia has closed the sale of a mainly residential portfolio in the Netherlands to the Swedish company Heimstaden for a total of €375 million, according to Property EU.

This portfolio, which comprises 2,023 homes and 60 commercial units, was put up for sale in the last quarter of 2019. The sales agreement was signed on 29 March.

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