October 16, 2019 / 3:06 PM / a month ago

German property firm Domicil postpones plans for 150 million euro IPO

FRANKFURT (Reuters) - Domicil Real Estate AG will postpone plans for an initial public offering, the German property company said on Wednesday, citing difficult market conditions.

Domicil, based in Munich, had sought to raise 150 million euros ($165.69 million).

Reporting by Arno Schuetze; Editing by Tom Sims; Editing by Tassilo Hummel

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