Amundi Real Estate, a subsidiary of France's Amundi Group, achieved €1.138 bn of acquisitions during the first half of 2017, with 65% in France and 35% internationally (33% in Germany and 2% in the Czech Republic).
The acquisitions volume rose 20% compared to the first half of 2016.
Investments were made solely in commercial real estate with 98% on office property assets and 2% on retail outlet properties.
Acquisitions included Le Coruscant, a new 35 223 m2 low energy building in Paris, France, comprising mainly offices. Amundi also closed on Hamburg's Kapstadtring 2, an office property with a total area of 41,256 m2, also acquired in April.
Another German purchase was Charlottenstrasse 4, in Berlin (pictured). Dubbed 'Rocket Tower', this complex of four buildings, with a total area of 28,245 m2, were acquired in February 2017 after a 2016 renovation to create office space and retail outlets.
Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10 globally.
