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Volkswagen AG will also retain 75% of preference shares, while 25% of preference shares (12.5% of share capital) will be sold during IPO, while Qatar Investment Authority has already committed to buy 4.99% of preference shares, leaving another 20.01% (10% of share capital), to other investors.
“Our transaction volume has picked up, but most properties are going into contract 10% to 20% below asking price.” Plus, the more time a home spends on the market, the more likely it is to ...