HRO sells Rives Défense for 244 million (FR)

A fund, managed by UBS/Noriba, has bought 'Rives Défense' from HRO for an amount of €244 million, with an exceptional yield of 6%. The building consists of 45,000 m² of office space and is situated in Nanterre. The building is almost completely has long-term leases.

CB Richard Ellis Bourdais acted on the part of the selling party, a fund represented by HRO France.

Source: BusinessImmo

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