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Hansteen acquires property in Germany and the Netherlands

Hansteen, a United Kingdom-based property company, has acquired nine properties for, in aggregate, a total consideration of €53 million. These properties are currently generating annual rental income of €4.1 million (£2.9 million). Six of the properties acquired are located in Germany and three in the Netherlands. The properties in Germany and the Netherland were acquired for total considerations of €27.5 million (£19.6 million) and €25.5 million (£18.2 million) respectively.



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