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28 May 2012

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Holding firm of Frankfurt's DIC gains new shareholder

Germany's Deutsche Immobilien Chancen, the majority owner of the listed office investor DIC Asset, has acquired a new strategic investor in Hannover-based insurance company VGH which has purchased 6.4% of the holding group's shares in a capital increase. The parties agreed not to disclose details of the price. (See upcoming PIE Editions for full story)

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