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Axel Springer sells Berlin real estate assets for 755 mln eur

Axel Springer sells Berlin real estate assets for 755 mln eur
From Reuters - July 17, 2017

FRANKFURT (Reuters) - German publisher Axel Springer (SPRGn.DE) on Monday said it sold two Berlin real estate assets for 755 million euros.

The new Axel Springer headquarters were sold to a business controlled by Norges Bank Real Estate Management, and the Axel-Springer-Passage was sold to Blackstone Real Estate Partners, the company said.

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