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The transaction, once closed, will significantly increase PATRIZIA’s current residential AUM of €16billion.

As environmental, financial and societal pressures converge, today’s leaders must solve a new equation.

The acquisition price of the property reached € 1.14 million, approximately 30,000 higher than the first auction price.

If the richest 10 billionaires sat on top of their combined wealth piled up in US dollar bills, they would reach almost halfway to the moon.