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TPG Real Estate buys stake in $2.5 bln loan portfolio from Deutsche Bank

2015-01-12 13:52:03| Trucking - Topix.net

TPG Real Estate has acquired a majority stake in a $2.5 billion portfolio of high-yield real estate loans from Deutsche Bank's Special Situations Group . TPG will acquire 75 percent of the portfolio, while Deutsche Bank will retain 25 percent.

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