COLOGNE—Avison Young says it has advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex at Luxemburger Strasse/Barbarossaplatz in Cologne.
The complex was sold by Frankfurt-based Allianz Real Estate Germany GmbH on behalf of Stuttgart-based Allianz Life Insurance. Allianz was represented by CBRE in the transaction. Avison Young will serve as asset manager of the complex.
DekaBank's real estate lending team based in Frankfurt provided a long-term debt facility for the acquisition of the complex.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.