Private equity investment company Ardian Real Estate has announced the purchase of an office complex in Paris.
Financial details were not disclosed.
Stéphanie Bensimon, managing director at Ardian Real Estate, commented: ‘We are delighted to have completed the acquisition of this high-quality office complex, located in a dynamic Paris district.
'As Ardian Real Estate’s fourth acquisition in France, we look forward to start working on the property’s redevelopment.’
The 8,120 m2 property is located in 46-48 Avenue de la Grande Armée and comprises two interconnected buildings of six and eight floors.