Tristan Capital Partners' Episo 3 fund has acquired the Cap West office complex in Clichy, in the north-western suburbs of Paris, from local property firm Docks Lyonnais, PropertyEU has learned.

Tristan Capital Partners' Episo 3 fund has acquired the Cap West office complex in Clichy, in the north-western suburbs of Paris, from local property firm Docks Lyonnais, PropertyEU has learned.

The deal, which was signed on October 14, involves a 24,000 m2 complex destined largely for office use.

'Tristan’s strategy relies on active asset management to create value,' a Tristan spokesperson told PropertyEU. 'Following the departure of the anchor tenant Geodis in early 2015, we aim to refurbish and release the vacated areas.'

Financial details were not disclosed.

The building was acquired by Docks Lyonnais in 2006 from Wereldhave for €107.5 mln. The deal was funded at the time by Hypo Real Estate.

Delivered in 2002, Cap West provides nearly 19,000 m2 of office space and around 4,000 m2 of retail areas as well as 357 parking spaces. Anchor tenant Geodis occupies 12,000 m2 until early 2015.