Citadel, the French property arm of London-based CLS Holdings, has acquired a 7,357-m[sup]2[/sup] office building at 7 rue Eugène et Armand Peugeot, 92500 Rueil Malmaison from Corio. The consideration inclusive of all costs was EUR 33 mln. The property, built in 1988, was partly refurbished in 2005/06, and substantially refurbished in 2009. It is located to the west of Paris, in Rueil-Sur-Seine, an attractive and well established office area with excellent transport links both by road and rail, including a mainline station situated adjacent to the property.
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