Unibail-Rodamco-Westfield vende a Invesco un office building a Parigi per 789 mn di euro

Unibail-Rodamco-Westfield on July 24, 2018 signed an agreement for the disposal of the  “Capital 8” office building in Paris to Invesco Real Estate. The net disposal price of the transaction is €789 Mn.

This transaction is subject to standard conditions precedent and is expected to close in the fourth quarter of 2018.

Capital 8 is an office building with a GLA of over 45,000 m² located in the heart of the central business district of Paris. Following the refurbishment program in 2016, the building is now fully let.

The buyer is advised by Linklaters, Archers, Victoires Notaires Associés, PwC, Deloitte, Humakey and Artelia. The seller is advised by Maître François Thomé, SCP Ginisty & Associés (notaire) and Lacourte Raquin Tatar.

This transaction is part of the €3 Bn of disposals to be made by Unibail-Rodamco-Westfield during the next several years as part of its previously announced European asset rotation programme.

Source :  Company