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Mixed Use Pair Changes Hands

COLOGNE—Avison Young advised Canadian pension funds on the acquisition of a two-building complex on the Luxemburger Strasse/Barbarossaplatz, and will serve as asset manager.

By David Phillips | Updated on May 06, 2014

COLOGNE—Avison Young says it has advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex at Luxemburger Strasse/Barbarossaplatz in Cologne.

The complex was sold by Frankfurt-based Allianz Real Estate Germany GmbH on behalf of Stuttgart-based Allianz Life Insurance. Allianz was represented by CBRE in the transaction. Avison Young will serve as asset manager of the complex.

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