Bouwfonds Marignan Immobilier has announced the sale of two office development projects in France for a total of EUR 168 mln. The French development arm of Dutch group Rabo Real Estate has sold Le Skalen in Châtillon, Hauts-de-Seine, to a fund managed by Area Property Partners for a price of EUR 133 mln. It also anticipated the sale of the B. Initial office project in the Parisian suburb of Montreuil to the Notapierre SCPI investment vehicle, managed by B&C Asset Management, for EUR 55 mln.
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