Hesse puts EUR 400m leaseback sale on hold

By A staff reporter 2007-10-25T00:00:00

The Germans state of Hesse has halted attempts to arrange a sale and leaseback of the Leo III portfolio because the ongoing turbulence in the financial markets has left potential buyers unwilling or unable to meet the asking price of around EUR 400 mln. The state's finance minister, Karlheinz Weimar, ...

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