Real I.S. buys EUR 71m building for new German fund

German investor Real I.S. said on Tuesday that it has purchased a new office building in Dusseldorf for its newly launched German-focused fund, Bayernfonds Deutschland 20. Located between the airport and the city centre, the property is rented on a long-term basis to the federal government and was acquired for over EUR 71 mln from Warburg-Henderson Kapitalanlagegesellschaft, according to a company spokesperson.

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