European Property Boom

European Central Bank

Bank Holdings

Property: Eurotower
Location: Frankfurt
Price: $578 million
Date: May 7, 2007

The home of the European Central Bank was sold to New York City-based property group RFR Holding by DEGI, the property-investment arm of German insurer Allianz. It's part of a total $4.1 billion in real estate that Allianz has sold off this year.

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