An alternative investment fund managed by WERTGRUND Immobilien AG acquired 30 Subsidized Rental Apartments located in Geretsried, Bavaria from GIEAG Immobilien AG (MUN:2GI) on August 3, 2021. Colliers International Deutschland GmbH brokered the transaction. Stock + Partner Rechtsanwälte mbB acted as legal advisor to GIEAG Immobilien AG and Greenberg Traurig Germany LLP acted as legal advisor to WERTGRUND Immobilien. WERTGRUND Immobilien AG completed the acquisition of 30 Subsidized Rental Apartments located in Geretsried, Bavaria from GIEAG Immobilien AG (MUN:2GI) on August 3, 2021.