BNP Paribas REIM acquires office building in Munich for Real Value Fund

BNP Paribas REIM Germany has acquired the Pallas-Haus at Leopoldstrasse 236-238 in Munich-Schwabing in partnership with Cording Real Estate Group for the real estate special fund „Real Value Fund“. Seller is the Blackstone subsidiary Officefirst to optimise their portfolio. Recently the management sold an office property in Regensburg, Hamburg and…