KanAm disposes of prime Paris asset

By A staff reporter 2007-03-13T00:00:00

Germany’s KanAm grundinvest Fonds has sold its Le Printemps building in Paris for EUR 184.6 mln. The purchaser was not disclosed. The property is part of a three-building department store complex and comprises nine storeys with three underground levels. Substantially modernized in 1998 and 1999, the building originally dates back ...