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Hines Global REIT acquires Mercedes-Benz Bank Building in Stuttgart

Hines Global REIT has acquired the Mercedes-Benz Bank Building in Stuttgart, Germany, from DDE 24 Limited. The debt financing for the acquisition was provided by the local LBBW, Landesbank Baden-Württemberg. Colliers Bräutigam & Krämer initiated the transaction.

The 263,038-square-foot proper...

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