Germany's Warburg-Henderson KAG has acquired the Sequoia office building in St. Denis, near Paris, for some EUR 36 mln. The property is earmarked for Warburg-Henderson's European Core Property Fund No. 1. The building consists of about 7,300 m[sup]2[/sup] of space and 187 parking spaces. The Sequoia complex is entirely let to Samsung Electronics France under a new six-year lease contract.
Principal Real Estate has acquired a stake in the Rome Cavour Hotel through a Separate Account Mandate.
