US-based Tishman Speyer, the global real estate owner, developer and investor, has put its three central Paris office properties up for sale for a sum in excess of EUR 600 mln, Europroperty reported. The firm is reportedly selling the 32,050 m[sup]2[/sup] Paris Bourse building opposite the Paris Stock Exchange, and the 15,421 m[sup]2[/sup] Eurosquare at 151/161 boulevard Victor Hugo in the northern Paris suburb of Saint Ouen, a growing financial district. A third property, the George V building near the Champs Elysées, is also for sale, Europroperty said.
US-based Tishman Speyer, the global real estate owner, developer and investor, has put its three central Paris office properties up for sale for a sum in excess of EUR 600 mln, Europroperty reported. The firm is reportedly selling the 32,050 m2 Paris Bourse building opposite the Paris Stock Exchange, and the 15,421 m2 Eurosquare at 151/161 boulevard Victor Hugo in the northern Paris suburb of Saint Ouen, a growing financial district. A third property, the George V building near the Champs Elysées, is also for sale, Europroperty said.
Tishman is believed to be seeking EUR 400 mln for Paris Bourse, EUR 130 mln for Eurosquare 1 and EUR 120 mln for the George V building. The company bought the first two properties for EUR 300 mln and EUR 100 mln respectively from German open-ended fund CGI in December 2005.
