Westgrund Aktiengesellschaft (DB:WEG1) agreed to acquire 1,200 dwellings in Saxony and Thuringia of area 82,000 sqm on December 19, 2013. The majority of the portfolio is in Leipzig and Dresden and the surrounding areas. The transfer of benefits and burdens is scheduled for the second quarter of 2014. Olswang acted as the legal advisor to Westgrund Aktiengesellschaft.

Westgrund Aktiengesellschaft (DB:WEG1) completed the acquisition of 1,200 dwellings in Saxony and Thuringia of area 82,000 sqm on July 1, 2014.