Aspen in talks to buy Black Forest resort stake

he company has also bought two German retail properties.
Ariel Rosenberg and Globes' correspondent 16 Dec 07 11:34
Aspen Real Estate Ltd. (TASE:ASRE) is seeking to expand its German portfolio. The company is in negotiations to buy half of a Black Forest resort at a value of €25 million under a buy and lease-back deal. In a separate deal, the company bought two commercial buildings leased to German retail chains for €3.1 million.

Aspen has not disclosed its partners in these transactions.

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source: globes.co.i