Germany's Commerz Real has acquired the fully let office scheme Espace Dumont d'Urville in Paris for its Euro Office 1 institutional fund. The property was sold by Klépierre, a shopping centre operator in which BNP Paribas banking group holds a majority interest. The total investment volume for the property, which has a gross lettable area of about 3,100 m2, was about EUR 32.7 mln.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
