Realkapital Partners has acquired an office building in Paris and a logistics scheme in Algers for its recently launched Realkapital European Opportunity II fund. The total acquisition price comes to EUR 80 mln. The company has bought six storeys within a 18-floor office building in the 12th arrondissement of Paris from GE Real Estate for some EUR 40 mln. The space - representing a 33% of the Tour Lyon Bercy - provides 4,710 m[sup]2[/sup] let to France Telecom and 90 underground parking spaces.The acquisition is part of a strategic partnership between DTZ Asset Management and Realkapital Partners in continental Europe.
Premium subscriber content – please log in to read more or take a free trial.
