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Debut deal by TwentyTwo Real Estate

TwentyTwo Real Estate has announced that Powerhouse France, a new investment vehicle organised and managed by the firm, has completed the acquisition of Financière SELEC from investment vehicles managed by LBO France, and Deutsche Asset and Wealth Management’s real estate investment business, formerly RREEF Real Estate.
By James Buckley
June 27, 2013 | 1:24 P.M.

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Powerhouse France has financed the acquisition with equity provided equally by Massena Partners and Farallon Capital Management L.L.C.

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News | Debut deal by TwentyTwo Real Estate