La Francaise REM and Acofi Loan Management Services acting on behalf of their respective loan funds have financed the acquisition of the Perspective Defense building in greater Paris by a US REIT.
The building has been sold by the German open-end fund Axa Immoselect for a total amount of €126.5 million.
Located at 1-5 rue du Débarcadère in Colombes and completed in 2008, Perspective Defense includes a total of 28,000 m² of office space.
This transaction is one of the first acquisitions on the French market which is fully financed by loan funds.
Source: Business Immo