February 2013

Süddeutsche Wohnen sells condominium management unit

Süddeutsche Wohnen Group („SÜDEWO“ ), with 20,000 units one of the largest residential real estate owners in Baden-Württemberg, has sold its condominium management unit with approx. 17,000 units under management to a competitor through a share deal. ARGONAS Corporate Finance Advisors acted as exclusive M&A advisor to SÜDEWO.