What is a real estate transaction?

You often read about the fact that real estate is being sold. Thus, a real estate transaction is an act between at least two actors in which a property becomes part of a contract. The most common types of real estate transactions are buying/selling. The buyer usually pays the seller a certain amount of money.

FAZ Tower

Paulus Immobilien from Grünwald (Bavaria) is building an office and commercial high-rise building in Frankfurt's European District. The company has acquired a 6,800-square-meter site at Europa-Allee, on the corner of Pariser Strasse. The seller is Aurelis Real Estate. On the site directly opposite the Praedium high-rise, a 60-meter-tall building and another seven-storey building are planned.