French listed property firm Icade has agreed the sale of the Oxaya office project in the Gerland district of Lyon to AEW Europe's SCPI Fructifonds Immobilier investment fund.

icade2

Icade2

Financial details were kept confidential.

Designed by architects Xanadu, the complex will provide around 7,200 m2 of office accommodation and 95 parking spaces.

Construction of the new building is expected to start in autumn 2016 with delivery planned for early 2018.