AXA IM - Real Assets buys retail asset in Italy for CNP Assurances

AXA Investment Managers - Real Assets has bought a 2,300sqm high-street retail asset in Italy for a French insurance group. 

The €76bn asset manager said it acquired the two adjoining classical buildings in Bologna on behalf of CNP Assurances. 

No financial details were disclosed.

The asset, which is spread over three floors, is fully let on a long lease contract.

In April last year, AXA IM - Real Assets also bought Zeisehof, a new office building in Hamburg, Germany, for CNP.

 

Related images

  • Shopping Centres

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2575

    Asset class: Core Real Estate Muli-Manager Separate Managed Account.
    Asset region: Global.
    Size: CHF 150m.
    Closing date: 2019-12-20.

  • QN-2578

    Asset class: Sovereign Local Currency Emerging Market Debt.
    Asset region: Local emerging markets.
    Size: EUR 950m.
    Closing date: 2019-12-19.

Begin Your Search Now