Deka Immobilien has acquired the Austerlitz II property in Paris for EUR 169 mln. Completed in 2003, Austerlitz II has a total lettable area of approximately 22,600 m2, which is almost fully leased by French investment bank Natixis.
Deka Immobilien has acquired the Austerlitz II property in Paris for EUR 169 mln. Completed in 2003, Austerlitz II has a total lettable area of approximately 22,600 m2, which is almost fully leased by French investment bank Natixis.
The vendor was real estate asset manager AEW Europe, acting on behalf of a French investor.
Deka said the property is being added to the portfolio of its German open-ended property fund Deka-Immobilien Europa.
In a flurry of year-end transactions, Deka also sold the Barcelona headquarters of BBVA, Spain's second-largest bank, to a client of Resource Capital Partners. The financial details of the off-market transaction were not disclosed.
The deal is the second off-market transaction for Resource Capital Partners in a matter of days, following on closely from the acquisition of the Parisian buildings located at 7&9 Avenue de Messine, structured on behalf of Generali/NBIM and Metroinvest.
In Germany, Deka Immobilien purchased a Berlin office and retail complex for around EUR 112 mln. That property will be added to Deka's open-ended Global fund. In Warsaw, Deka completed the acquisition of the InterContinental hotel for EUR 100 mln.
In a fifth deal, Deka acquired the 2175 K Street office building in Washington DC for EUR 66 mln.
