Large investors are taking advantage of the buoyant market to prep a further €1 bn for sale in the French capital.
Agents have been appointed on three more buildings, on behalf of vendors Generali Real Estate, Icade and Primonial. Oxford Properties and CNP also have office sales processes underway in Paris.
As has been the trend in German cities so far this year, several of these are refurbishing/re-leasing plays.
The largest investment transaction agreed this week is an unusual one: listed Swedish propco Balder is to buy 106 properties leased for oil and gas operations along Norway’s cost in a near €900 mln sale. Pangea Property Partners, which advised, said it is the largest real estate transaction in Norway since 2015.
We also track the latest new loans and refinancings, as well as funds on the market.
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