DIFA sells Nautilus portfolio for EUR 860 mln

German investment fund DIFA has completed the sale of the Nautilis portfolio of German office properties to Tishman Speyer Properties and IVG for EUR 860.5 mln. Tishman Speyer is paying about EUR 670 mln for ten properties belonging to the DIFA-Fonds Nr. 1, while four properties, owned by DIFA-GRUND, were sold last week to IVG Immobilien for approximately EUR 190 mln. The office properties are located in Berlin, Düsseldorf, Hamburg, Frankfurt, Stuttgart and Munich. They include the Westend Carrée and Aculeum buildings in Frankfurt. Jones Lang LaSalle advised DIFA on the deal.

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