In London, RREEF now owns 25 Moorgate, an office building containing 73,195 square feet of office space and 7,535 square feet of restaurant space. The property, previously owned by Grosvenor London Office Fund sold for roughly $78 million.
RREEF also purchased a logistics center outside the city. The 236,806-square-foot building is leased and managed by DHL Corp., a fresh produce company. Aviva Investors sold the building for $26 million.
The Paris property is an office building located in the LA Defense office district. GE Real Estate sold the 67,813-square-foot property for about $36 million. The fully-occupied building was built in 1988 and then renovated in 2005 and 2007.
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