Metrovacesa strikes EUR 183m sale in Germany

By A staff reporter 2011-04-26T00:00:00

Spanish listed property company Metrovacesa has sold the Deutsche Bank Carrée office complex in Düsseldorf to an undisclosed buyer for EUR 183.5 mln, including roughly EUR 167 mln of debt, Spanish press reported on Tuesday. The price represents a capital loss for Metrovacesa of nearly EUR 7 mln.

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