Primonial REIM has bought an office complex in Boulogne Billancourt near Paris from AXA Real Estate for a total of €47 mln.

Primonial REIM has bought an office complex in Boulogne Billancourt near Paris from AXA Real Estate for a total of €47 mln.

Located at 36-38 Quai du Point du Jour, the scheme was built in 1992 and completely redeveloped in 2010. The asset offers a total of 7,600 m2 of space as well as 135 parking spaces. It is entirely let with a nine-year rental agreement.

Primonial REIM was advised by law firms Allez & Associés, CGR Legal, Fidal and GR Groupe on technical issues.