Savills advises on purchase of €160-mln. Paris office portfolio (FR)

Foncière Paris France (FPF) has bought a 47,000-m² office portfolio worth €160 million.

International real estate advisor Savills advised FPF on the purchase from SAGI Immobilier d'Entreprise, a subsidiary of Société Nationale Immobilière (SNI), who are part of the Caisse des Dépôts group.

The portfolio includes Paris Biopark, a 29,300-m² office and laboratory scheme at 13 rue Jean Antoine Baïf, in the heart of Paris' Rive Gauche district.

Pascal Rupert, Director of the investment department at Savills France, says : "This important portfolio represents one of the biggest deals in Paris in recent months."

Source: Savills

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