The London branch of IVG Development, a subsidiary of IVG Immobilien, has confirmed it has sold its development at 14 Cornhill in London for EUR 140 mln to a sovereign wealth fund. As reported earlier in PropertyEU it is understood the buyer was Libya's sovereign fund but IVG did not comment on this.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
