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Hands: Putting his money to work in German property |
Germany’s residential real estate market is increasingly being seen as an attractive opportunity for international investors. In May, Terra Firma, the investment vehicle run by UK-based financier Guy Hands, agreed to purchase utility E.ON’s property subsidiary, Viterra, for approximately €7 billion – the largest such private equity deal in Europe – as E.ON focuses on its core The price was considerably higher than initial expectations of between €5.5
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