Allianz Real Estate has acquired two manage-to-core office developments in Saint-Ouen, Paris, on behalf of several Allianz group companies. The transactions, both 50:50 joint ventures with La Caisse des Depots , the investment arm of the French State, are forward purchases with a total value of €415.6m.
Allianz and La Caisse des Depots buy two Paris office developments for €415.6m
Foward funded assets to complete between Q2 and Q4 2021
By Sharon Smyth
CoStar News
December 11, 2019 | 10:32 AM
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