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Announced

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Ofi Invest Real Estate completed the acquisition of Hamburg Convent Parc office building from Amundi Real Estate.

Synopsis

Ofi Invest Real Estate, a real estate developer, completed the acquisition of Hamburg Convent Parc office building from Amundi Real Estate, a real estate holding company. Financial terms were not disclosed. "We are pleased to secure this transaction in a particularly difficult market environment. The asset is perfectly in line with our strategy of investing in Core assets in top German Cities and demonstrates strong opportunities we are seeing in the international real estate market.” Grégoire Bailly-Salins, Ofi Invest Head of Transactions Europe.

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