LONDON-Many German property funds are being forced to sell their properties to avoid liquidation. A Frankfurt-based German property fund is planning to sell four trophy office properties in London.
The Grundinvest Fund has selected Knight Frank to sell its EUR 1.09-billion London portfolio to a single buyer. The four properties include the London headquarters of the European Bank of Reconstruction & Development, the Deutsche Bank's UK headquarters on London Wall, the ThomsonReuters' UK headquarters in Canary Wharf and 90 High Holborn. For the full story, go to UK Business Property .
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