Real estate investment manager Tokoro Capital has closed a 60% Loan-to-Cost senior investment loan from German lender pbb Deutsche Pfandbriefbank, secured against its recently refurbished 86 Rue De Courcelles Grade-A office building in the 8th arrondissement of Paris.
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.
