UBS RE offloads Sebalder Höfe in Nuremberg

UBS Real Estate Kapitalanlagegesellschaft, the Munich-based real estate investment unit of Swiss bank UBS' Global Asset Management arm, is selling the Sebalder Höfe mixed-use scheme in Nuremberg, Bavaria, to a unit of Talanx, the third-largest insurance group in Germany. The transaction amounts to over EUR 24 mln.

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