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TPG Real Estate Acquires $2.5 Billion High-Yield Real Estate Loan Portfolio from Deutsche Bank

NEW YORK--(BUSINESS WIRE)--TPG Real Estate, the real estate platform of TPG, announced today that it has acquired a majority stake in a $2.5 billion portfolio of high-yield real estate loans from Deutsche Bank’s Special Situations Group. Under the terms of the agreement, TPG Real Estate will acquire a 75 percent stake in the portfolio, with Deutsche Bank retaining a 25 percent stake. No additional terms were disclosed.