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Invesco Real Estate Forward-funds 17,600sqm Office Building In Paris | News | Ipe Ra

by realassets.ipe.com posted 2weeks ago 9 views
The Cluster deal brings Invesco’s total European value-add transaction volume to €2bn. : Invesco Real Estate has recorded €2bn European value-add transactions in total, the manager said today as it announced a new agreement to forward-fund a 17,600sqm office asset in Paris. The €61.5bn real estate investment manager said it will provide an undisclosed sum to fund the Cluster office building in Saint-Denis. Cluster, which will be built by PRD Office, is expected to be completed by the third quarter of 2021.

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