Canadian Group Acquires German Grocery Property Valued at Over $1 Billion

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Canadian Group Acquires German Grocery Property Valued at Over $1 Billion
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Canadian group buys German grocery property valued at more than $1 billion

The buyer, Slate Asset Management, and the seller, x+bricks Group, on Wednesday announced that the sale of 188 properties would come in two tranches.

Germany, the largest real estate investment market on the European continent, long benefited from an era of cheap money that fed a decade-long boom, but now it is grappling with a major about-face in fortune.

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