PropertyEU

Fidelity buys German property

By A staff reporter 2008-04-04T00:00:00

Fidelity International said its Pan-European Real Estate Fund has made its first investment in Germany with the acquisition of a Munich office building for EUR 17.85mln. Fidelity said the purchase price for the building, which is fully let to Olympus Life Science Research Europa, reflects a yield of 5.9%. The ...

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