DIFA 'to sell' EUR 1 bn of German assets

DIFA, the German open-ended real estate fund, intends to sell off more than EUR 1 bn of real estate in Germany, an unidentified company source is saying in the Financial Times Deutschland. The source said DIFA has assigned Atisreal to find buyers for approximately 40 buildings and land plots. Germany remains DIFA's most important market as it will still have over 80 property assets, valued at EUR 5.3 bn, in the country even after a successful sale of the EUR 1 bn in property.

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