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28 May 2012

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Berlin GSW housing IPO held up by Berlin Senate talks

What could potentially be the largest real estate stock market flotation in Germany for several years, the 52,000-unit GSW housing portfolio in Berlin, hangs in the balance as discussions continue between the owners, private equity group Cerberus and Goldman Sachs Whitehall funds, and the city's Senate which needs to approve the move. (Register now to read PIE 153)

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