UK property company Grosvenor and global financial services firm Capmark Investments have jointly acquired two landmark office buildings in the 17th arrondissement of Paris from Deutsche Bank's real estate unit RREEF. Developed in 2000 by Capital & Continental, the properties, Colisée III and IV, provide a total of 23,000 m[sup]2[/sup] of prime office space and are let to the French carmaker Citroen and gas supplier Gaz de France.
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