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MRM To Sell Paris Offices For €40M

MRM is selling two fully let office buildings in the west of Paris to Fonciere LFPI.

MRM is selling two fully let office buildings in the west of Paris to Fonciere LFPI, PropertyEU reports. The French-listed commercial real estate company will raise a total of €40 million from the sale, which is expected to be completed in the fourth quarter.

The disposals include an office complex at Quai de Dion-Bouton in Puteaux and another office building located at Avenue Paul Doumer in Rueil-Malmaison. On the transaction, MRM was advised by Jones Lang Lasalle and CB Richard Ellis, whereas Fonciere LFPI was represented by Wragge & Co. and PricewaterhouseCoopers.

Click here for the story from PropertyEU.

Click here for additional coverage from Reuters.

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