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The planned IPO for Aspen REIT, backed by the St. Regis Aspen Resort, will provide individual investors with “liquidity optionality for a single-asset investment,” says CEO Stephane De Baets.
SIGNA Prime Holding is acquiring RFR's 50% share of the Karstadt at the Munich Main Train Station project, along with four other assets in Germany's largest cities.
Company officials say several recent purchases will help ensure long-term affordability in an area that has seen a significant increase in the cost of living.