SWIP adds to holdings in Germany and Netherlands

By A staff reporter 2008-06-11T00:00:00

Scottish Widows Investment Partnership (SWIP) has acquired two office properties in Germany and the Netherlands for EUR 60mln. The asset management arm of Lloyds TSB bought the Red Square property in Neu-Isenburg close to Frankfurt Airport for EUR 45.3mln. The 19,000 m[sup]2[/sup] of Grade-A office space is spread across three ...

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