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Real Estate Briefing - Categorized | Finance, Market Moves more

Germany said to start $2.3 bln sale of real-estate company next month

Posted on 13 March 2012

The German government may start the sale of its real-estate management company as early as next month, aiming to raise more than 1.76 billion euros ($2.3 billion) to reduce its deficit, according to three people familiar with the plan.
Barclays Plc’s investment bank will handle the sale of TLG Immobilien GmbH, the company that replaced Treuhand Gesellschaft, said two of the people, who declined to be identified because the timetable hasn’t been made public………………………………………..Full Article: Source


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