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23 August 2010
Munich's Elystan targets E250m at German banks' distressed assets
German banks are likely to start selling non-performing property assets this year that they have not been willing or able to divest earlier in the financial crisis, and new Munich investment firm Elystan Capital Advisers is targeting over E100m of equity at the opportunity, one of the principals Keith Fischer told PIE. (See PIE 156 for full story)