German media is reporting that an iconic building in Berlin that housed squatting artists for two decades has been sold to an investment fund for 150 million euros. The five-storey Tacheles building, which was a magnet for tourists until its closure in 2012, was sold by the German Jagdfeld group to the New York-based Perella Weinberg Partners, reports said. The dilapidated, graffiti-covered building will be renovated and turned into apartments and shops. ...
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Saturday, September 27, 2014
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