17.01.2013 - U.S. investor said to be cashing out of Berlin housing market
Lincoln Equities Group LLC plans to sell its 5,200 apartments in Berlin this year as the private- equity firm seeks to take advantage of rising prices, two people with knowledge of the plan said. The homes are valued at about 500 million euros ($664 million), according to the people, who asked not to be identified because the information is private. Joel Bergstein, president of the Rutherford, New Jersey-based company, couldn’t immediately be reached for comment...............................................Full Article: Source
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