UFG has acquired three office developments from the Lazard Group for a total EUR 72 mln, French newspaper Business Immo reported. The projects are the Carnot Plaza development, which on completion will provide about 8,400 m[sup]2[/sup] of office space in Massy, near Paris, another 7,500 m[sup]2[/sup] of office space in Chapelle-sur-Erdre, northwest France, as well as the Wasquehal Plaza office project near Lille, consisting of 1,700 m[sup]2[/sup] of existing space and another 4,500 m[sup]2[/sup] currently under development. Colliers International acted as adviser on this transaction.
UFG has acquired three office developments from the Lazard Group for a total EUR 72 mln, French newspaper Business Immo reported. The projects are the Carnot Plaza development, which on completion will provide about 8,400 m2 of office space in Massy, near Paris, another 7,500 m2 of office space in Chapelle-sur-Erdre, northwest France, as well as the Wasquehal Plaza office project near Lille, consisting of 1,700 m2 of existing space and another 4,500 m2 currently under development. Colliers International acted as adviser on this transaction.