Munich-based fund manager GLL Real Estate Partners has taken possession of an office property at 44/46 rue de Lisbonne in the 8th arrondissement of Paris. The vendor was New Ireland Assurance Company, represented by Kennedy & Wilson Europe.

Munich-based fund manager GLL Real Estate Partners has taken possession of an office property at 44/46 rue de Lisbonne in the 8th arrondissement of Paris. The vendor was New Ireland Assurance Company, represented by Kennedy & Wilson Europe.

The change of ownership took place on 25 July 2012.

The office building covers a surface area of 4,175 m2 over eight floors.

New Ireland Assurance Company was represented by Jones Day (Jean-Louis Martin, partner, and Quentin Jobard), and STC Partners for the tax aspects (Bertrand Araud and Stéphanie Desprez).

GLL Real Estate Partners GmbH was represented by Gide Loyrette Nouel for the acquisition and financing of said acquisition (Christopher Szostak, partner, Emilie Capron and David Sabatier) and Taj for the tax aspects of the acquisition (Sarvi Keyhani, partner, Pascale Prince).

Notarial office Allez & Associés (Guillaume Chemithe) represented the seller. Notarial office Wargny Katz & Associés (Alain Katz) represented the buyer.