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EST 1917
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News Brief

January 29, 1975
See Original Daily Bulletin From This Date

The Arab oil sheikhs are now moving into West German real estate buying among other things some of Germany’s romantic castles on the Rhine and Moselle Rivers. Brokers in Cologne, Dortmund and Koblenz have approached the German Castles Association on behalf of rich Arab clients. Already the centuries-old castle overlooking the Rhine at Trechtinghausen has gone for several million. Another tempting purchase is the 11th Century castle at Cochen.

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