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Real Estate Rumor Mill: Anbang Insurance, Invesco, Time

By Andrew McIntyre (May 7, 2015, 7:41 PM EDT) -- Beijing-based Anbang Insurance Group Co. Ltd. is in discussions to purchase Hypo Real Estate Holding AG's real estate division for potentially €1.5 billion ($1.69 billion), Dow Jones reported, citing sources with knowledge of the discussions. Munich-based Hypo Real Estate is trying to sell the real estate division, Deutsche Pfandbriefbank AG, either via a private sale or through an initial public offering, Dow Jones said. The Blackstone Group LP has also shown interest in Deutsche Pfandbriefbank, according to Dow Jones....

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