Franco-Dutch listed property group Unibail-Rodamco has acquired Le Sextant office building in the 15th arrondissement of Paris from insurer CNP Assurances for an undisclosed amount. AEW Europe brokered the transaction on behalf of the seller.
Franco-Dutch listed property group Unibail-Rodamco has acquired Le Sextant office building in the 15th arrondissement of Paris from insurer CNP Assurances for an undisclosed amount. AEW Europe brokered the transaction on behalf of the seller.
The building provides around 13,500 m2 of office space which is fully let to a number of tenants.
Law firms Ginisty Fil Blanchet and Gide advised the buyer while Rochelois and Godet Gaillard Solle Maraux acted for the seller. Cushman & Wakefield advised on the deal.
The transaction follows CNP Assurances' disposal of Le Wilson office building this week to French property company Fonciere LFPI for roughly EUR 50 mln. Located in Levallois Perret in the Ile-de-France region, the complex provides some 12,500 m2 of fully-let office space.