Spanish investor buys office asset in Paris
Santander's subsidiary Banif Banca Privada has bought a 2,160 m[sup]2[/sup] office building in the second arrondissement of Paris on behalf of a Spanish client. The transaction price was around EUR 21 mln, French newspaper Business Immo reported. The deal reflects a net initial yield of 5.25%. L'Etoile Properties advised Banif.
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