US banks advise Vonovia and BUWOG on plans for a €5.2bn tie-up

Former Investment Banking Editor

Goldman Sachs and JPMorgan are leading the advisory line-up on a €5.2bn cross-border property deal in Europe, as the curtain comes down on a bumper year for real estate M&A.

Vonovia, a German residential property company with a portfolio worth about €30bn, has made an offer to buy BUWOG, an Austrian company which also has properties in Germany.

Goldman and JPMorgan lead €5bn real estate takeover

Tim Burke

BUWOG

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