PropertyEU

Degi may sell off EUR 2bn in assets

By A staff reporter 2007-04-04T00:00:00

Dresdner Bank's property fund arm Degi may sell off properties worth EUR 2 bn from its open-ended property funds, according to a report in newspaper Financial Times Deutschland. In February, Dresdner replaced the Degi management, bringing in Silvia Schmitten to cut back Degi's EUR 5 bn property fund business, one ...

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