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REIT Hansteen Pays $160M To Boost Stake In Property Fund

By Benjamin Horney (August 27, 2015, 5:22 PM EDT) -- London-based industrial real estate investment trust Hansteen Holdings PLC said Thursday that it has upped its stake in the Ashtenne Industrial Fund by paying £103.7 million ($159.8 million) to acquire an additional 35.7 percent slice of the fund....

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