KanAm Grund has found its white knight in two sovereign wealth funds from the Middle East and Asia which have splashed out hundreds of millions of euros to buy four prime real estate assets in London and Paris. In early March KanAm signed the deeds on One Exchange Square and 90 High Holborn in London, two of a four-asset London office HQ portfolio the fund manager put on the market in late 2011 as part of Grundinvest's EUR 6 bn liquidation.
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