PropertyEU

Allianz RE confirms purchase of Capital 8 in Paris

By A staff reporter 2010-05-06T00:00:00

Allianz Real Estate has confirmed the acquisition of the Capital 8 office complex in Paris from Franco-Dutch property group Unibail-Rodamco. Although the acquisition price was not disclosed, market sources indicate that Allianz RE is forking out EUR 260 mln to acquire the 18,000 m[sup]2[/sup] Grade-A complex. The transaction is said ...

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