Office tower in La Défense was put on the market earlier this year with €750m price tag.
Investor joins growing number buying into economic recovery.
Fund manager’s core strategy tops €5bn as balanced sector continues to attract capital, says Jane Roberts.
Invesco Real Estate is looking to add further large, prime CBD blocks in Europe’s growing cities to its flagship pan-European strategy following its €620 mln purchase of Die Welle in Frankfurt last month.
S Korea’s Kiwoom and Singapore’s GIC bidding for €500m PB6 in La Défense.
c$850m offer accepted by US REIT which owns 14 assets in Europe.
CEE logistics specialist CTP seeks to double its portfolio size in the region. Jane Roberts reports.
CBRE’s Ireland business has poached investment director Dessie Kilkenny from rival Savills.
The German developer building central Frankfurt’s largest office-led, mixed-use scheme has completed a circa €1 bn financing.