French REIT Societe de la Tour Eiffel (STE) said on Tuesday that it has committed to the acquisition of a speculative office development project in the southern Parisian district of Montrouge from construction conglomerate Vinci Construction group for EUR 25 mln.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
