Dutch property firm Wereldhave has sold the Winston Churchill Tower office building in Rijswijk, near The Hague, for EUR 43.6 mln to an unnamed buyer. The company said it bought the building in 1974 and renovated it in 2002. The sale results in a surplus on disposal of EUR 4.1 mln in 2007. This is EIR 1.1 mln above the book value of the building.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
