Pramerica's Spezialfonds in 1st deal in Mexico

Pramerica Real Estate Investors, part of US group Prudential Financial, has made its first investment in Mexico on behalf of a Spezialfonds managed by its German arm TMW Pramerica Property Investment. The fund has bought the Torre Acuario office and retail property in Mexico City from a local private investor. The transaction price is said to amount just less than EUR 100 mln.

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