The Accor Building at Hanns-Schwindtstrasse 2-4 comprises was bought from KanAm. :
The AEW Europe Value Investor II Fund (EVI II) has bought an office building in Munich-Riem, Germany from KanAm Grund for an undisclosed sum. The Accor Building at Hanns-Schwindtstrasse 2-4 comprises 7,629sqm of office space and has been fully let since completion in 2001 to AccorInvest Germany. Last month, EVI II raised €210m at first close. The fund, which targets a €500m, will ultimately have a total investment of around €1bn with leverage.