German fund manager Deka has purchased the Metropolitan office property in Paris from a fund managed by JP Morgan Asset Management for its open-ended real estate fund WestInvest InterSelect.
German fund manager Deka has purchased the Metropolitan office property in Paris from a fund managed by JP Morgan Asset Management for its open-ended real estate fund WestInvest InterSelect.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.