Allianz Real Estate has confirmed the acquisition of the Capital 8 office complex in Paris from Franco-Dutch property group Unibail-Rodamco. Although the acquisition price was not disclosed, market sources indicate that Allianz RE is forking out EUR 260 mln to acquire the 18,000 m[sup]2[/sup] Grade-A complex. The transaction is said to reflect a yield of 5.5%.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
