Ehret+Klein buys portfolio near Nuremberg from P&P


Franconia Portfolio Verwaltungsgesellschaft, a company of the Ehret+Klein Group of Starnberg, took over a real estate company of P&P group on November 9 together with a partner. Legal advice was provided to the buyer by Heussen Rechtsanwaltsgesellschaft and to the seller by Rödl & Partner. The acquired real estate firm is holding a portfolio of 13 properties, three of them as part owners. The assets are centrally located in Nuremberg, Fürth, Bamberg, and Lauf a. d. Pegnitz. They have total lettable space of roughly 22,500 sqm, of which 14,100 sqm are commercial (60 %) and about 8,400 sqm are residential (40 %).

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