STE sells EUR 92m portfolio to UFG

French property firm Société de la Tour Eiffel (STE) has sold a portfolio consisting of three office properties to asset management group UFG for EUR 92mln. The French SIIC has disposed of Massy Campus 2, a 13,600 m[sup]2[/sup] fully-let office building in the southwestern suburbs of Paris close to Orly airport; the 13th floor at Tour Maine Montparnasse in Paris providing 1,750 m[sup]2[/sup] of space to be vacated and fully renovated prior to reletting; as well as nine floors within the Tour Crédit Lyonnais with a total 10,500 m[sup]2[/sup] of space. UFG is already a co-owner of the Tour Maine Montparnasse and the Tour Crédit Lyonnais buildings, STE said.

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