Hedge Funds & Alternative Investments
Property & Real Estate
Sovereign wealth
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UBS Real Estate offloads Paris office scheme to Middle Eastern buyer
UBS Asset Management Global Real Estate has sold a Paris office development to a Middle Eastern sovereign wealth fund for €55m ($60.6m). The investment manager’s UBS Euro Value Added Real Estate Fund sold the office building in Paris business district La Défense. The sale of the property, the last in…
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