Reuters – Cerberus Mulls Listing for German Holding

Private equity group Cerberus is mulling listing its German retail property holdings as a real estate investment trust , in a move that could help it avoid paying corporate tax, Reuters wrote. Alternatively, the U.S.-based investor could list the buildings, which are valued at roughly 2 billion euros ($2.6 billion), as a normal real estate company, two people familiar with the transaction said on Thursday. International investors are flocking to the German property market as yields on safe assets such as German bonds vanish and as property is considered the next low-risk asset class.

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