RREEF-Pirelli consortium completes EUR 800m Highstreet deal
A consortium consisting of RREEF, Pirelli Real Estate, Luxembourg-based Borletti Group and Generali Group has completed its acquisition of a 49% stake in Highstreet, a joint venture between Goldman Sachs and Arcandor, the investment company that owns the majority of the German department stores operated by Karstadt, for EUR 800mln.
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