AXA Real Estate Investment Managers, the property investment arm of the French financial group AXA, has acquired an office building in Madrid from Spanish property developer Oncisa for EUR 116 mln. The property was acquired for an unnamed client, AXA said. The parties were advised by Savills. AXA was also advised by law firm Linklaters.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
