EuropArabBank has agreed to pay a new record rent at a premises on the Champs Elysees in Paris, property advisor Savills said on Wednesday. Landlord, sci Elysee 26, has let the final floor at 26 Champs Elysees, Paris 8 to the bank at a rent of EUR 680 per m[sup]2[/sup] on a 3/6/9 year lease. The recently refurbished floor comprises 470 m[sup]2[/sup] of office space.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
