Frankfurt office complex hits the market amid bullish Brexit speculation

The owners are trying to sell an office complex in Frankfurt amid speculation that Brexit will boost the value of commercial property in the German financial capital. Norway’s sovereign wealth fund and Axa Investment Managers SA want about 550 million euros ($622 million) for the Die Welle office complex in Frankfurt’s business district, Bloomberg reported. Prices for nearby office properties have increased to record levels on speculation that Brexit, or the pending exit of the […]

from The Real Deal New York

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