Axa sells 54 properties to Morgan Stanley

AXA Real Estate Investment Managers has sold a real estate portfolio consisting of 54 properties to a Morgan Stanley managed fund. The portfolio comprises a total of 216.000 m[sup]2[/sup] floor space that is principally used for commercial purposes. CB Richard Ellis and Clifford Chance advised on the transaction. The financial details of the transaction were not disclosed.

Would you like to read more? Log in first (top right of the screen) or take a trial.