Cerberus sells German residential portfolio for €1.6bn
Pirelli RE and Deutsche Bank have agreed to buy German property group BauBeCon from Cerberus, in a transaction valued at €1.6bn.
ByEva Poon
4 January 2013•2 mins read
Pirelli RE and Deutsche Bank have agreed to buy German property group BauBeCon from Cerberus, in a transaction valued at €1.6bn.