DB Real Estate portfolio sale (DE)

DB Real Estate Investment GmbH (Deutsche Bank Group), advised by Jones Lang LaSalle, has sold a portfolio of ten German retail properties from its open ended grundbesitz-invest fund to REIT Asset Management GmbH.

REIT Asset Management GmbH paid approximately €300 million for the portfolio which is made up of eight high street properties, one shopping centre and one supermarket.

Source: Jones Lang LaSalle

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