Compagnie La Lucette said it has sold three assets in France for a total of EUR 146 mln. The disposals, which were carried out during the fourth quarter of the year, were in line with the company's strategy to sell mature or non strategic properties. They include the Scribe building in the ninth arrondissement of Paris which was sold for a net price of EUR 100 mln, an office building in Charenton recently leased to Docapost with a 10-year lease term and a plot of land in Boulogne Billancourt. The Charenton property was sold for a total of EUR 42 mln.
Compagnie La Lucette said it has sold three assets in France for a total of EUR 146 mln. The disposals, which were carried out during the fourth quarter of the year, were in line with the company's strategy to sell mature or non strategic properties. They include the Scribe building in the ninth arrondissement of Paris which was sold for a net price of EUR 100 mln, an office building in Charenton recently leased to Docapost with a 10-year lease term and a plot of land in Boulogne Billancourt. The Charenton property was sold for a total of EUR 42 mln.
The French SIIC completed EUR 370 mln worth of sales in 2008, of which about 40% in the fourth quarter of the year. The company said it has outperformed its 2008 sale target of EUR 300 mln. For 2009, it plans to sell EUR 200 mln worth of assets.
