BVK Acquires Planned Flagship Apple Store for Continental Europe
Posted on 04/27/2018
Bayerische Versorgungskammer (BVK), through Hines and German investment company Universal-Investment, purchased 114 Champs-Elysées from French investment firm EPI Group for €600 million. Allianz’s real estate unit provided €300 million to BVK to finance part of the acquisition price. The retail building has a long-term lease with Apple and will be the company’s flagship store in […]
