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28 May 2012

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Berlin's E570m Sony Center sale to Korea said closed

The sale of Berlin's emblematic Sony Center to the National Pension Service of Korea has been closed, according to legal practice Clifford Chance. It was adviser to the Chicago-based John Buck Company, part of an ownership consortium that included Morgan Stanley Real Estate Funds and German property group Corpus Sireo. No details were provided but NPS said in April it expected to close the sale in May for e568m. (See upcoming PIE Editions for full story)

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