Tag pays EUR 180m for Siemens portfolio ahead of REIT launch

By A staff reporter 2007-06-27T00:00:00

Tag Gewerbeimmobilien, a member of the listed German property group Tag, has said it has acquired commercial properties in 'high-growth' regions of Germany from Siemens Real Estate for EUR 180 mln. The six buildings with a total of 180,000 m[sup]2[/sup] of mainly office space are located in metropolitan areas of ...

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