PropertyEU

Degi offloads assets for more than EUR 2.9 bn

By A staff reporter 2007-05-07T00:00:00

Degi, the real estate investment arm of German insurer Allianz, has announced that its Grundwert open-ended fund is selling a commercial portfolio with a current market value of around EUR 2.45 bn to affiliates of the Whitehall Funds, real estate funds sponsored and managed by Goldman Sachs. Although the financial ...

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