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Axel Springer sells two Berlin real estate assets

  • Region:


  • Sector:

    Real Estate, Diversified Financials

  • Deal Size:

    $872.3 million

  • Buy Side Company:

    Blackstone Group LP, Norges Bank Real Estate Management
  • Sell Side Company:

    Axel Springer
  • Target Company:

German publisher Axel Springer has sold two Berlin real estate assets for €755 million (approximately $872.3 million), Reuters reported. The Axel Springer headquarters were sold to a business controlled by Norges Bank Real Estate Management, and the Axel-Springer-Passage was sold to Blackstone Real Estate Partners.


Real Estate,commercial real estate,CRE deals,real estate deals