GERMANY - Deutsche Gesellschaft fur Immobilienfonds mbH (DEGI) has sold its commercial building in East London, bought as an investment for its open-ended real estate fund Grundwert-fonds, for an undisclosed amount.
DEGI, the largest German real estate fund management company, said the sale would further rejuvenate the holdings according to the fund’s portfolio strategy. “With this sale we take advantage of...
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