German fund manager Deka Immobiliën has made its first foray into the New Zealand property market, buying an office block in Auckland for around €92 mln.
German fund manager Deka Immobiliën has made its first foray into the New Zealand property market, buying an office block in Auckland for around €92 mln.
The 125-metre Lumley Centre in the central business district is being sold by Australian group Dexus Property and will become part of the €3.4 bn open-ended mutual fund Deka-Immobilien Global.
