Pramerica Real Estate Investors has acquired two project developments in the Portuguese capital Lisbon and in Chile on behalf of its open-ended fund, TMW Immobilien Weltfonds. The financial details were not disclosed.
Pramerica Real Estate Investors has acquired two project developments in the Portuguese capital Lisbon and in Chile on behalf of its open-ended fund, TMW Immobilien Weltfonds. The financial details were not disclosed.
In Lisbon, the fund acquired a project of two buildings, comprising 15,000 m2, at the former world exhibition area Expo 98. Pramerica bought a 22,000 m2 office development in Santiago de Chile, the second acquisition for the fund in South America
TMW Immobilien Weltfonds has an investment volume of EUR 750mln and is active in 10 countries.
