New World Group-backed The Valesco Group completed the acquisition of Sequana Tower for €460m.

New World Group-backed The Valesco Group, a real estate investment manager, completed the acquisition of Sequana Tower, an office skyscraper, for €460m ($502m). "Sequana Tower represents the latest addition to our growing portfolio of mission critical, futureproof landmark assets. In Accor, with whom we have a very strong working relationship, we have added a global hospitality behemoth with a highly differentiated offering to our tenant roster," Shiraz Jiwa, The Valesco Group Founder and CEO.