German closed-end fund manager KGAL has acquired 60 Gracechurch Street in London from Evans Randall for around £116 mln (EUR 137 mln). The transaction is the biggest acquisition in London by KGAL, who develop and manage investments in real estate, aircraft, infrastructure, ships and private equity.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
