THOMAS DAILY

Property Investment News Germany

Eurohypo: Consortium finances Lone Star purchase of Post objects

In a club deal, Eurohypo, DekaBank, Natixis and Société Générale are financing Lone Star’s acquisition of approximately 1,000 properties belonging to Deutsche Post, the German mail. Transaction leader Eurohypo announced on Friday that the volume will exceed €700mn. The U.S. financial investor acquired the 1,267 commercial properties owned by the DAX listed concern and located mainly in Germany for €1bn.

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