Colonia sells stake in commercial property portfolio

By A staff reporter 2011-01-05T00:00:00

Frankfurt-listed Colonia Real Estate has sold its 4.8% stake in the joint venture with Oaktree Capital Management (OCM) for strategic reasons. The buyer is OCM German Real Estate Holding by way of a share buyback. The purchasing price comes to about EUR 4.5 mln.

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