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Real Estate Rumors: Samsung, TJAC, Alliance Private Capital

By Andrew McIntyre (August 15, 2016, 1:57 PM EDT) -- A number of Samsung Group companies — including Samsung Life Insurance Co. subsidiary Samsung SRA Asset Management Co. — are buying Germany's tallest tower for roughly 900 billion Korean won ($821 million), The Wall Street Journal reported on Friday. The deal is for the 850-foot Commerzbank Tower in Frankfurt, and the consortium is likely to close on the deal one or two months after it has completed its due diligence, according to the report....

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