Primonial REIM announced that it has acquired an office complex situated at 36-38 Quai du Point du Jour in Boulogne Billancourt (Paris area) from AXA Real Estate.
The office complex boasts a total GLA of 7,638 m² and includes a 135 car underground parking and is currently fully leased on a nine-year contract.
Built in 1992, the building was completely renovated in 2010 and offers many high-quality services and facilities such as a cafeteria, an auditorium and an interior garden.
Primonial REIM has acquired the building on behalf of one of its own Funds for a total amount of €46.7 million.
Primonial was advised in the transaction by Allez&Associés, CGR Legal and GR Group.
Source: Primonial REIM
