Multinational Spanish banking group BBVA has carried out a sale-and-leaseback of its 2,000 m2 Paris headquarters.

Multinational Spanish banking group BBVA has carried out a sale-and-leaseback of its 2,000 m2 Paris headquarters.

An unidentified investor acquired the asset for €32 mln.

BBVA disposed of the property located at 29 Avenue de l'Opéra (Paris 1), as part of its strategy to optimise its property holdings.

Cushman & Wakefield and BNP Paribas Real Estate jointly advised BBVA on the transaction.