French insurer AXA has sold around 150 residential properties in two locations in North Rhine-Westphalia to a fund managed by UBS for around €60 million, reported Thomas Daily.
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AXA Sells German Residential Portfolio to UBS for Around €60 Million
Price Equals About 27 Times Annual Rent
By Richard Meier, Thomas Daily, Bert Erik ten Cate
Thomas Daily NewsJune 30, 2023 | 8:57 AM
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