AEW Europe drives deeper into core office market with German buy

AEW Europe’s Euroffice Fund has purchased an office building in Frankfurt for EUR 39.5 mln from Australia’s Macquarie Office Trust. Rob Reiskin, AEW Europe’s Head of Investments said: 'We believe now is the right time to be moving back into some parts of the Continental European core office market, to benefit from the economic recovery. The Frankfurt purchase fits perfectly with this strategy and it is a testimony to the strengths of AEW Europe’s pan-European platform, especially our German office, that we were able to secure this prime asset.'

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