P&P Gruppe GmbH and Ampega Asset Management GmbH acquired a Portfolio of 22 non-core residential properties from Patrizia AG (XTRA:PAT) on May 14, 2021. The disposal consists of 22 assets, which comprise a total of 1,336 homes across 14 German cities, that have been acquired by P&P Gruppe GmbH and Ampega in two separate transactions. PATRIZIA was advised by CBRE and Fabian Bohm, Dominik Engl, Laura Lamster and Stefan Bruder of Clifford Chance acted as legal advisor for Patrizia AG. P&P Gruppe GmbH and Ampega Asset Management GmbH completed the acquisitions of a Portfolio of 22 non-core residential properties on May 14, 2021.