PropertyEU

First Growth structures EUR 80m Paris tower deal

By A staff reporter 2011-05-09T00:00:00

First Growth Real Estate Capital (FGREC) structured and arranged the buy-out of GE Capital's 50% stake in the Mercuriales Towers, Paris with a senior-mezzanine loan refinancing in excess of EUR 80 mln. The vendor was Groupe Colbert, owner of the other 50%.

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