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13 February 2012

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Austria's CA Immo pays E272m for Europolis

Ending a long sales process, Austrian listed property group CA Immobilien is to acquire the investment and asset manager Europolis for E272m from the Austrian cooperative banking group VBAG. Europolis has a property portfolio of E1.5bn, focused on eastern and southeast Europe, and will contribute crucial income-producing assets to CA Immo's portfolio.

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