Real-estate assets

Published Dec 13, 2012 12:10am

BERLIN, Dec 12: The German government said on Wednesday it had agreed to sell a portfolio of about 780 commercial real estate assets in its biggest privatisation for five years. The finance ministry said in a statement it has agreed to sell its wholly-owned real estate company TLG Immobilien to private equity firm Lone Star for 1.1 billion euros.—AFP

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