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Sale of shares in the KGAL Group approved by BaFin

The sale of nearly 90 % of the shares in the KGAL Group to the two private investors Francis Louvard and Gregory Ingram by the existing shareholders, Bayerische Landesbank, Commerzbank, HASPA Finanzholding and Sal.

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KGAL Investment Management GmbH & Co. KG (Real Estate)