JPMorgan Asset Management Real Estate (Europe) has announced that a fund advised by it has acquired a section of Bellini, the office complex in Paris, from owner-occupier IONIS in a sale-and-lease-back transaction.
The Bellini complex is located in La Défense, and the acquired section is 5,748 m². Debt financing was provided by Société Générale CIG, and the asset will be managed by Constructa Asset Management. The transaction marks the sixth acquisition in France by JPMorgan Asset Management Real Estate (Europe).
Source: JPMorgan