DIC acquires EUR 205 mln Hamburg portfolio

Frankfurt-based DIC Group has acquired the 'Primo 3' portfolio from the City of Hamburg in a deal with a total investment volume of EUR 205 mln. The portfolio consists of 52 commercial properties with a total floor space of around 176,000 m[sup]2[/sup]. The transaction is subject to the approval of the Senate and the Parliament of the Free and Hanseatic City of Hamburg.

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