SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Aroundtown Subsidiary GCP Acquires 20.04% Stake in LEG Immobilien

Aroundtown said subsidiary Grand City Properties acquired a 20.04% stake in German residential property company LEG Immobilien.

AT1GYCLEG

LUXEMBOURG (dpa-AFX) - Aroundtown SA (AT1.DE), a real estate company, said its subsidiary Grand City Properties SA (GCP) has acquired a 20.04% stake in German residential property company LEG Immobilien SE, increasing the group's exposure to the country's housing market.The investment is expected t…