BAM Properties has sold its commercial property development CONNECT110Ns in the heart of Glasgow's premier commercial and retail district to Deutsche Asset & Wealth Management (Deutsche AWM).
Invesco Real Estate (IRE) has acquired “Capella” at 5 Atlantic Quay in central Glasgow, for c.£43m. The 10,710 sqm office property was purchased for the Invesco Real Estate - UK III Fund, a close-ended, cross-border fund which invests German capital into the UK market. The property was bought from the BA Pension Fund.
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