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Real Estate Briefing - Categorized | Fund Profile, Market Moves more

German funds set to release billions worth of assets in market squeeze

Posted on 10 April 2012

A ’substantial volume’ of good-quality assets is set to come up for sale in Germany as some of the beleaguered German open-ended funds liquidate their portfolios. One of the more publicised disposals is the Quartier Potsdamer Platz property portfolio that SEB is marketing in Berlin.
SEB is seeking to sell a 50% stake in the portfolio which it acquired in 2008 for EUR 1.4 bn………………………………………..Full Article: Source


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