Using a financial lease buyout, commercial real estate investor STAM Europe has acquired two office properties in the Paris region for undisclosed amounts. The first has been acquired from Foncière Newton and is a 10,000 m[sup]2[/sup] office complex consisting of four buildings fully let to the Valéo Group, located in Montigny-le-Bretonneux. The second is in Trappes, a north-west suburb of Paris, and the seller is Wilson Finance. This 8,100 m[sup]2[/sup] complex has three office buildings that are fully let to Danfoss and TMS.
Using a financial lease buyout, commercial real estate investor STAM Europe has acquired two office properties in the Paris region for undisclosed amounts. The first has been acquired from Foncière Newton and is a 10,000 m2 office complex consisting of four buildings fully let to the Valéo Group, located in Montigny-le-Bretonneux. The second is in Trappes, a north-west suburb of Paris, and the seller is Wilson Finance. This 8,100 m2 complex has three office buildings that are fully let to Danfoss and TMS.
