Berlin buys thousands of apartments from corporate landlords

Berlin buys thousands of apartments from corporate landlords

Berlin's city government said Friday it is buying some 14,750 apartments from two large corporate landlords for 2.46 billion euros ($2.9 billion) — a deal announced a week before local and national elections as the German capital tries to expand the supply of publicly owned accommodation. The deal with Vonovia…

Berlin buys thousands of apartments from corporate landlords

The deal will bring the number of government-owned apartments in Berlin to about 355,000 -- about a fifth of the 1.67 million rental apartments in the city.

Berlin buys thousands of apartments from corporate landlords

Berlin’s city government says it is buying some 14,750 apartments from two large corporate landlords for 2.46 billion euros ($2.9 billion)

Berlin buys thousands of apartments from corporate landlords

BERLIN (AP) — Berlin's city government said Friday it is buying some 14,750 apartments from two large corporate landlords for 2.46 billion euros ($2.9 billion) — a deal announced a week before local and national elections as the German capital tries to expand the supply of publicly owned accommodation.

Berlin buys thousands of apartments from corporate landlords

BERLIN (AP) — Berlin's city government said Friday it is buying some 14,750 apartments...

Berlin buys thousands of apartments from corporate landlords

BERLIN (AP) — Berlin's city government said Friday it is buying some 14,750 apartments...