PropertyEU

Rockspring sells in Montpellier

By A staff reporter 2008-11-19T00:00:00

HypoVereinsbank's investment subsidiary Internationales Immobilien-Institut has acquired the City Plaza officer building in Montpellier, France from UK investor Rockspring. The property, which consists of 4,000 m[sup]2[/sup] of new office space, was sold for close to EUR 10 mln. The asset was developed by Groupe Lazard's construction arm.

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