UFG has acquired three office developments from the Lazard Group for a total EUR 72 mln, French newspaper Business Immo reported. The projects are the Carnot Plaza development, which on completion will provide about 8,400 m[sup]2[/sup] of office space in Massy, near Paris, another 7,500 m[sup]2[/sup] of office space in Chapelle-sur-Erdre, northwest France, as well as the Wasquehal Plaza office project near Lille, consisting of 1,700 m[sup]2[/sup] of existing space and another 4,500 m[sup]2[/sup] currently under development. Colliers International acted as adviser on this transaction.
Premium subscriber content – please log in to read more or take a free trial.
