PropertyEU

Babcock, GPT sell EUR 230m German portfolio

By A staff reporter 2007-09-17T00:00:00

A joint venture of Babcock & Brown and the Australian GPT Group has sold a mixed-use portfolio including 37 retail and office assets across Germany. The acquisition price comes to some EUR 230 mln. The properties have been bought from two Luxembourg-based real estate companies owned by UBS. Colliers Schauer ...

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