Spanish bank Banif, a subsidiary of Santander Group, has acquired an office building located at 33 Rue Galilee in the 16th arrondissement of Paris for EUR 21.4 mln. The 2,224 m[sup]2[/sup] property is let to the European Business Centre. The transaction value reflects an initial yield of about 4.4%.

Spanish bank Banif, a subsidiary of Santander Group, has acquired an office building located at 33 Rue Galilee in the 16th arrondissement of Paris for EUR 21.4 mln. The 2,224 m2 property is let to the European Business Centre. The transaction value reflects an initial yield of about 4.4%.