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Property Investor Europe News

Germany confirms ¤1.8bn dual TLG privatisation

13 July 2011, 04:20 PM

The German federal finance ministry will, as expected, open a tender early next year to privatise its east German real estate holding TLG, and will do so in two parts - a residential property with some 11,500 units, and a commercial real estate firm. The ministry said the total has a market value of ¤1.76bn.


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