KanAm grundinvest Fund has sold a fully-let office property at Boulevard de la Foire in Luxembourg for just over €28 mln.
KanAm grundinvest Fund has sold a fully-let office property at Boulevard de la Foire in Luxembourg for just over €28 mln.
The buyer is BGV V, a real estate fund for institutional investors managed by Munich-based asset manager Real IS.
Located in the Central Business District, the asset was renovated in 2001 and provides nearly 4,500 m2 of office space. Tenants include the Royal Bank of Canada.