Orco takes over Berliner GSG for EUR 440m

By A staff reporter 2007-04-27T00:00:00

Orco Property Group, together with the Morgan Stanley Real Estate Fund V (MSREF V), is to take over state-owned Gewerbesiedlungs-Gesellschaft (GSG) for EUR 440 mln. With about 800,000 m[sup]2[/sup] commercial and light industrial space, GSG is the biggest provider of commercial property in the German capital and is presently owned ...

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