PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Hamburg's TAG buys Franconofurt units in share deal
Hamburg-based property group TAG has acquired, using its own shares, 97% of the equity of FranconoWest and 100% of its sister company FranconoAdvisory from the listed Franconofurt residential real estate firm. With total market value of the portfolio at E104m, total consideration was E31.3m, with TAG taking just over E70m in debt.