Brokers JLL and Strategies & Corp have won the mandate to sell the Amundi headquarters in Paris for a price believed to be in the region of €600 mln.
The landlord, French asset manager Primonial picked the agents last week out of a total of eight major advisors pitching for the sale instruction, which is believed to be the largest currently ongoing in the French office property market.
Located at 91-93 Boulevard Pasteur, the 40,000 m2 office complex was bought by Primonial in 2015 from Abu Dhabi Investment Authority.
Situated near Montparnasse train station in the southwest of the French capital, the three-building property is solely occupied by asset manager Amundi. First built in 1965, the asset was renovated in 2012 and includes 443 parking spaces.
All parties declined to comment.
Also in Paris, PropertyEU reported another major sales mandate earlier this week. According to market sources, French REIT Icade has recruited advisors BNP and Catella to sell Le Millénaire 4office complex in Paris for about €220 mln.
Delivered in 2014, the asset is located in the 19th district of the French capital and provides around 24,000 m2 of office space. It is fully let to BNP Paribas and boasts a BREEAM Very Good rating.
