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PE firms shift focus from German homes to offices

Investors in 2013 spent most on the country's commercial properties in 6 years

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On acquisition spree: Blackstone and its rivals want to join the ranks of investors shifting money into Germany's commercial properties even as values increase. - PHOTO: BLOOMBERG

[BERLIN] Blackstone Group LP, the private-equity firm that cashed in on Germany's booming housing market last year, plans to join the ranks of investors shifting money into the country's commercial properties, where financially strapped owners are under pressure to make deals.

Investors...

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