Irish wealth management company Custom House Capital (CHC) has continued its expansion in France with the acquisition of the modern Futura II mixed-use office and retail building in Paris for just under EUR 35 mln. The deal by CHC on behalf of a number of private clients was transacted by global property consultants Knight Frank in Dublin and King Sturge Paris. The transaction price reflected a gross yield of 5.8% and a net initial yield is 5.26%.
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