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TIAA-CREF says CNP Assurances agrees to invest in German malls
Pension giant TIAA-CREF announced a joint venture with French insurer CNP Assurances, to co-invest in three retail properties in Germany.
The portfolio has a gross value of $1.2 billion (€924.1 million) and consists of shopping centers across Germany: PEP (Munich), Erlangen Arcaden (Erlangen) and...