PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Germany's Commerz Real pays e72m for asset near Paris
Commerzbank real estate fund manager Commerz Real has acquired the Le Flavia office scheme in Ivry-sur-Seine near Paris for its hausInvest europa open-ended fund at a total investment volume of e72m. The property, completed in January 2008, has a gross lettable area of 16,400 sq.m. and is fully let on a long-term lease. Seller is GE Real Estate France.
Le Flavia is let to FNAC, the leader in entertainment product sales.