BNP Paribas Real Estate Investment Management has announced the acquisition of the Armorique office building in Rennes, Brittany from French privately-held property company Proudreed. The transaction volume amounts to EUR 20.5 mln
BNP Paribas Real Estate Investment Management has announced the acquisition of the Armorique office building in Rennes, Brittany from French privately-held property company Proudreed. The transaction volume amounts to EUR 20.5 mln
The asset is leased to Dreal - the regional environmental and management agency - with a 15-year fixed lease and offers 8,000 m2 of office space.
BNP Paribas Real Estate Transaction and CBRE brokered the deal.