Aroundtown lands solid trade days after downgrade

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Aroundtown lands solid trade days after downgrade

19 November 2019, Germany (German), Berlin: A lettering indicates the branch of the Luxembourg real estate group Aroundtown in the capital. Photo: Paul Zinken/dpa

◆ Storied real estate company opens books after ratings downgrade ◆ New issue concession in the low single digits ◆ Investors keen to buy cyclical names

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