Deutsche Land buys Airport offices for EUR 200 mln

UK listed real estate company Deutsche Land has purchased the new Main Airport Centre (MAC) office complex at Frankfurt Airport for EUR 200 mln. The transaction, which is subject to shareholder approval, is deemed to be a reverse takeover. As a result, trading in the company's shares were suspended on AIM in London pending the publication of the admission document for shareholders. Trading in the shares is expected to resume by January 5.

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