Reis Group sells Paris building to Deka for EUR 75m

Germany's Deka Immobilien has acquired the fully-let Opéra Gramont office complex in the financial district of Paris from Reis Group, part of the Santander Real Estate Advisory programme for around EUR 75 mln. The property is earmarked for Deka's WestInvest ImmoValue open-ended mutual property fund, which is geared to institutional investors.

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