PARIS-Allianz Real Estate has acquired an office building at 23-29 rue de Chateaudun in Paris' 9th district. The French REIT (SIIC) Gecina was the seller.
Allianz Real Estate acquired the 161,458-square-foot building on behalf of German firms in the Allianz Group. The building, constructed in 1995, is entirely leased to Express-Roularta, an affiliate of the Roularta Media Group. It also comprises 131 parking spaces. The notary's office Uguen Vidalenc & Associes advised Allianz Real Estate, while the notary's office Oudot and Catella advised Gecina. For the full story, go to Europe Real Estate .
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