LEG SELLS TO GOLDMAN SACHS
[BIZ: Aachen, June 18] The tenants are concerned that their situation could get worse, for that reason they are being advised not to sign new contracts with the new owners. In rental legislation there is the basic tenet that purchase doesn’t break the rental agreement. More precise information can be obtained on Tuesdays and Thursdays at Viktoriaallee 38 in Aachen.
More than 700 homes belonging to the state development company LEG are going to change ownership because LEG is selling its housing to the Whitehall real estate fund of Goldman Sachs, which has been buying up a lot of housing in Germany. There will be some time, before the sales agreement comes into effect says Hans Schleicher-Junk, chairman of the Rental Association in Aachen.
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