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Allianz pays €214 million for Bertelsmann's Munich headquarters

Allianz Real Estate has acquired the NM28 office building in Munich for €214 million in a sale-and-leaseback transaction with Bertelsmann. The publishing group's headquarters were built in the late 1990s and offer 32,726 m² across two buildings connected by a two-storey foyer.The asset at Neumark...[…]