Pramerica Real Estate has disposed of the 5,728 m2 office building, Avancée B in Créteil, in France.
Pramerica Real Estate has disposed of the 5,728 m2 office building, Avancée B in Créteil, in France.
The property, which is located at 6 rue Claude Nicolas Ledoux south east of Paris, was purchased for €15.2 mln by Allianz Pierre on behalf of Immovalor Gestion.
The asset is situated at the centre of the Zone d’activités Europarc business park in Créteil and includes 141 parking spaces. The building comprises predominantly office space and is let to five tenants including Aprolis, Valeo and MGEN.
'The Zone d’activités Europarc is a growing business hub and has excellent transport links to central Paris via the new metro station Pointe du Lac,' said Boris Cappelle, head of investment at Savills France.
Savills was co-instructed with CBRE. Savills advised the vendor.
