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Commerz Real invests in ATC Europe telecom towers via Allianz partnership
Commerz Real has acquired a minority stake in ATC Europe, the European arm of American Tower Corporation, partnering with Allianz Global Investors. This investment marks the debut transaction for Commerz Real’s new infrastructure fund, Infravest. Allianz remains an investor in ATC Europe, which operates over 30,000 towers in Germany, France, and Spain, characterized by stable, inflation-linked lease agreements.