Macquarie acquires major stake in German RE website

By A staff reporter 2007-08-16T00:00:00

Australia's Macquarie Bank and Sydney-based media company Publishing and Broadcasting have led the acquisition by a syndicate of just over 66% of German real estate website Immobilien Scout. The purchase of the stake for EUR 375 mln from Aareal Bank values the leading property portal at EUR 540 mln. Aareal ...

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