Deka Immobilien has acquired the fully let office property '39/41 Rue Cambon' in Paris' central business district from Unibail-Rodamco. The parties agreed not to disclose the purchase price.
Deka Immobilien has acquired the fully let office property '39/41 Rue Cambon' in Paris' central business district from Unibail-Rodamco. The parties agreed not to disclose the purchase price.
The building will be added to Deka's ImmobilienEuropa fund. It dates from 1913 and boasts total floor space of around 17,200 m2 over eight floors, as well as a roof terrace and roofed atrium. The property was extensively refurbished to a high standard in 1991 and 2007. Its anchor tenant is stock exchange operator Euronext.
DekaBank Group is the largest provider of open-ended property funds in Germany. The two investment companies, Deka Immobilien Investment and WestInvest Gesellschaft für Investmentfonds, together manage fund assets of over EUR 20 bn.
