PropertyEU

Deka Immobilien sells Paris office for EUR 166m

By A staff reporter 2012-03-05T00:00:00

German property fund manager Deka Immobilien has sold the Axe France office building in Paris to a pool of French investors advised by DTZ Asset Management for EUR 166 mln. The property was acquired in 2004 for the Deka-ImmobilienGlobal open-ended mutual property fund.

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