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28 May 2012

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GE Real Estate to expand German exposure after e1.3bn Capmark buy

In the next three years, GE Real Estate wants to expand its investment in the German property market to around e4bn from the current e2.8bn, Germany head Rainer Thaler said. The group, a unit of the US General Electric, will also be targeting performing loans and looking at the purchase of stakes in listed German property companies.

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