The French government announced on Thursday that it has sold the 7,000 m[sup]2[/sup] Montesquieu property in the seventh arrondissement of Paris for EUR 142 mln. The building, which currently houses the French foreign aid ministry, has been sold to a French unit of a Russian company listed in London and connected to the US group Hines.
The French government announced on Thursday that it has sold the 7,000 m2 Montesquieu property in the seventh arrondissement of Paris for EUR 142 mln. The building, which currently houses the French foreign aid ministry, has been sold to a French unit of a Russian company listed in London and connected to the US group Hines.
The French economic affairs minister Eric Woerth also said in an interview with newspaper La Tribune that property sales by the state amounted to EUR 800 mln this year. This compares to an earlier forecast for 2007 of about EUR 500 mln.
