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Deutsche Wohnen, LEG to nip at Vonovia's heels after merger

German real estate groups Deutsche Wohnen and LEG Immobilien aim to keep growing via acquisitions following their planned merger, racing to catch up with larger peer Vonovia. Germany’s residential real estate sector has been marked by rapid consolidation in recent years as firms fight for a slice of a huge market for rental housing in which scale can help boost profitability. Deutsche Wohnen on Sunday unveiled plans to merge with