Morgan Stanley's French SIIC Compagnie La Lucette announced on Friday it has signed an agreement to sell a portfolio of three assets to an unnamed French insurance company for EUR 100 mln. The portfolio comprises two office and retail buildings with a surface of some 8,000 m[sup]2[/sup]. The properties, which also provide 81 underground parking spaces, were restructured at the end of the 1990s. They are let to Bloomberg, HSBC and Discovery Channel and also house the corporate head office of La Lucette. The company said the sale will be completed by the end of this year.
Premium subscriber content – please log in to read more or take a free trial.
