French property company Nexity said that its Nexity-Saggel unit has been awarded a property management contract from Citigroup covering 77 public services sites in France. The bidding contest was organized by DTZ Asset Management. The properties are located in the Paris region, Rhone-Alpes region and Eastern France.
French property company Nexity said that its Nexity-Saggel unit has been awarded a property management contract from Citigroup covering 77 public services sites in France. The bidding contest was organized by DTZ Asset Management. The properties are located in the Paris region, Rhone-Alpes region and Eastern France.
Financial details of this transaction were not disclosed.
In 2007, Nexity-Sagget added some 112,000 m2 of offices to its management portfolio, as well as 2,391 semi-industrial assets owned by Réseau Ferré de France and 350 Gaz de France properties.