Leading German fund draws on Savills expertise in Mexico’s highest value property deal

Although it was only established in 2007, the new Savills Mexican advisory service played a leading role in the year’s highest value property transaction in the country’s office market.

The new team helped a major German investment fund take a firm foothold in the Mexican market. We advised Deka Immobilien GmbH in the transaction to acquire PricewaterhouseCoopers’ (PwC) prestigious headquarters building at 563 and 573 Mariano Escobedo, Col. Rincón del Bosque, Polanco 11580, Mexico D.F.

The property was purchased from BCBA for in excess of US $110m (£50.55m). The office building is let in its entirety to PwC on a lease expiring in January 2016. It comprises 241,926 sq ft with an additional parking area.

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