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Announced

Dimand and Premia Properties to acquire a 65% stake in real estate assets of Alpha Bank for $476.

Synopsis

Dimand, a real estate development company, and Premia Properties, a real estate investment and management company, agreed to acquire a 65% stake in real estate assets of Alpha Bank, a financial services company, for $476. "Alpha Bank Group will remain as tenant for certain assets, while the rest of the portfolio will either be redeveloped and repositioned for rental use or sold directly to the market," Alpha Bank.

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