Deka Immobilien completed the acquisition of Áncora 40 and 8 Hanover Quay from Blue Coast Capital and BNP Real Estate Investment Manager for $109m.

Deka Immobilien, a specialist for real estate investments, completed the acquisition of two office buildings Áncora 40 and 8 Hanover Quay from Blue Coast Capital, an investment management company, and BNP Real Estate Investment Manager for $109m. "Áncora 40 is our second project to convert industrial buildings into first-class spaces, which respond to new trends in office rental. The sale of Áncora completes our Tango project, which includes the sale of Áncora 40 and Tangier 66 in Barcelona," Fraser Denton, Blue Coast Capital Managing Director of European Real Estate.