Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

Axel Springer sells two Berlin real estate assets

  • Region:

    Germany

  • Sector:

    Real Estate, Diversified Financials

  • Deal Size:

    $872.3 million

  • Buy Side Company:

    Norges Bank Real Estate Management, Blackstone Group LP
  • 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.

Tags:

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