GE Real Estate has acquired a portfolio of primarily commercial properties in Germany from several institutional investors for EUR 205 mln. The portfolio comprises 31 properties with a total area of 170,000 m[sup]2[/sup] located mainly in the east of the country (Berlin and the states of Saxony and Thuringen). Some of the properties are in the western cities of Hamburg, Dusseldorf and Munich. Some 70% of the total space is for office use, 20% is for retail and the remainder for residential purposes.
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