Patrizia-Led Group to Buy LBBW Property Unit: Frankfurt MoverStefan Nicola and Nicholas Comfort
A group led by Patrizia Immobilien AG agreed to buy Landesbank Baden-Wuerttemberg’s real estate unit for 1.44 billion euros ($1.89 billion) in Germany’s biggest property deal since 2008. Patrizia shares climbed 1.8 percent.
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