Invesco picks up Crown Square

Ghelamco has done another piece of business with the sale of its office property Crown Square to Invesco Real Estate, which will put it in one of its pan-European funds. Invesco says it paid €63.7m for the asset, a new 16 storey office building whose tenants include Nike and Oracle. Crown Square has a “very good” BREEAM certificate. The two companies have history, as Invesco purchased Zaulek Piekna from it back in 2005.

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