AEW Europe SGP, an affiliate of investment manager AEW Europe, has acquired an office building in Clichy in the western suburbs of Paris on behalf of a public-sector pension fund.

AEW Europe SGP, an affiliate of investment manager AEW Europe, has acquired an office building in Clichy in the western suburbs of Paris on behalf of a public-sector pension fund.

The 8,700 m2 building, which was delivered in 2001, was acquired on behalf of the French Public Service Additional Pension Scheme (ERAFP).

It is let to Nexans which occupies 88% of the space.

Financial details were not disclosed.

The buyer was advised by the Prud’homme & Baum practice while the seller, IVG Institutional Funds, was advised by the Thibierge practice.