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Benson Elliot completes €175m sale of German housing company
Benson Elliot, acting on behalf of its pan-European fund Benson Elliot Real Estate Partners IV (BEREP IV) has sold its 74.9 per cent stake in GWB Elstertal Geraer Wohnungsbaugesellschaft (GWB) to an affiliate of Thueringer Aufbaubank, a public entity controlled by the German State of Thuringia. The consideration for the…
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