Transimmeubles sells to HSBC

French development company Transimmeubles has announced the sale to HSBC Life Insurance of its Latitude Saint Georges office located in the ninth arrondissement of Paris. The financial details of this transaction were not disclosed. Together with Carval Investors, Transimmeubles completely refurbished the property which provides 2,350 m[sup]2[/sup] of space. The company hired architectural firm Palissad to design the project. In December 2007 the building was leased to SFIG, a 100%-owned subsidiary of Groupe Gaz de France.

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