France's Compagnie la Lucette has acquired the Atrium office building in Paris from the Allianz group for EUR 110 mln, French property newspaper Business Immo reported. The 12,000 m[sup]2[/sup] property is located in Place des Vins de France in the twelfth arrondissement of Paris. It is wholly let to the Finance Ministry with a lease expiring at the end of 2007.
France's Compagnie la Lucette has acquired the Atrium office building in Paris from the Allianz group for EUR 110 mln, French property newspaper Business Immo reported. The 12,000 m2 property is located in Place des Vins de France in the twelfth arrondissement of Paris. It is wholly let to the Finance Ministry with a lease expiring at the end of 2007.
Allianz was advised by STAM Europe, Gide Loyrette Nouel, Maitre Lebreton, CB Richard Ellis and Jones Lang LaSalle. Compagnie la Lucette was advised by Jones Day, Maitre Lanier and Morgan Stanley.
