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Citigroup buys 3800 Citibank Center in Florida

Citigroup Inc. bought 3800 Citibank Center in Tampa, Fla., from an affiliate of Zurich Alternative Asset Management.

The center accommodates around 5,600 Citi employees from different functions such as client services, finance, human resources and legal and risk services.

The terms of the deal were not disclosed, and were not material to both companies.