Germany Starts Selling Hypo Real Estate Lender, FTD Reports

Germany is starting to sell Hypo Real Estate, a commercial property lender it took control over in 2009 during the financial crisis, Financial Times Deutschland reported, without saying where it got the information.

The government has set mandatatory qualifications for the sale and seeks three to 10 specialists to handle the transaction, the newspaper said in a preview of an article to be published tomorrow.

Stefan Nicola in Berlin at +49-30-70010-6246 or snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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