PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Deutsche Postbank puts e800m portfolio on sale, mostly in lease-back
The Deutsche Postbank retail bank, majority-owned by the state's German Post Office Deutsche Post, is putting up for sale a large package of its property portfolio, worth around e800m, in a deal mostly structured as a lease-back. Real estate management is not a core business for the bank, a spokesman said. A decision should come in the second half of the year.