COLOGNE—Avison Young says it has advised twoCanadian pension funds in the acquisition and financing of amixed-use, two-building complex at LuxemburgerStrasse/Barbarossaplatz in Cologne.
The complex was sold by Frankfurt-based Allianz RealEstate Germany GmbH on behalf of Stuttgart-basedAllianz Life Insurance. Allianz was represented byCBRE in the transaction. Avison Young will serveas asset manager of the complex.
DekaBank's real estate lending team based in Frankfurt provideda long-term debt facility for the acquisition of the complex.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
