Generali France has made the acquisition from the investment fund Euro 5 Property Fund (managed by LaSalle Investment Management) for the amount of € 285m. It has a portfolio of 8 office and commercial buildings with a total of 72,000 m².
The buildings, which are completely let, are situated in Paris, 2nd quarter. Euro Hypo arranged the bank financing and the transaction was realized by Catella Property Consultants who advised the seller.
Source: Immo.Hebdo