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Mapfre & GLL Launch New €300M Office Fund

Posted by: In: Real Estate 14 Mar 2018 Comments: 0 Tags: , , , , , , , , , , ,
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8 March 2018 – Iberian Property

The insurance company Mapfre and GLL have just formed a new partnership for the launch of a new investment fund amounting to €300 million.

The vehicle will focus on the purchase of offices in some of the major European markets, such as Germany, France, the Netherlands, Italy and Luxembourg, according to the Spanish real estate firm. The idea is to achieve returns of 4%-6% per year, diversifying the portfolio of the entities.

In Spain, Mapfre already owns a portfolio of buildings including Plaza de la Independencia, 6 in Madrid and Torre Mapfre in Barcelona.

Original story: Iberian Property

Edited by: Carmel Drake

The post Mapfre & GLL Launch New €300M Office Fund appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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