The Witkoff Group, a New York-based real estate investor, and a subsidiary of London's DCD Group have jointly acquired Devonshire House in London from Land Securities for over £280 mln (EUR 417 mln). The 15,619 m[sup]2[/sup] landmark building is on an island site in Piccadilly between Stratton Street, Berkeley Street and Mayfair Place in London's West End.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
