Home News Alliance Real Estate is investing 200 million EUR in Frankfurt high-rise

Alliance Real Estate is investing 200 million EUR in Frankfurt high-rise

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Allianz_flags3 MUNICH (Dow Jones) – Allianz Real Estate plans to invest over the next two years, approximately EUR 200 million in the acquisition and renovation of the Frankfurt "Triton " skyscraper. As the real estate subsidiary of Allianz SE said on Monday in Munich, will the building from the eighties are operated in the future especially resources. (Photo : Allianz )

Seller of the property is IVG Institutional Funds . After the renovations, the building of Allianz Global Investors ( AGI ) is used . " 2013 will move the Frankfurt units of AGI from their current premises in the new building , " said Alliance Real Estate with further.
Website: www.allianz – realestate.com
DJG / rso / jhe / voi