Perial Asset Management Buys Espace Gaymard Office Building

MARSEILLES, FRANCE-Perial Asset Management, a French company, has acquired the Espace Gaymard office building located in Marseilles for approximately EUR 38.4 million.

By GlobeSt News Hub | November 08, 2011 at 01:01 AM

MARSEILLES, FRANCE-Perial Asset Management, a French company, has acquired the Espace Gaymard office building located in Marseilles for approximately EUR 38.4 million. The 114,097-square-foot property was sold by Hamburg-based Union Investment Real Estate GmbH.

Union Investment bought the nine-story office building, situated in the Euromediterranee submarket, as a speculative development in 2002 for its real estate fund, UniImmo: Europa. BNP Paribas and CB Richard Ellis represented Union Investment in the sale. For the full story, go to Europe Real Estate .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

Webcasts

1 Streamlining Your Lease Lifecycle: An End-to-End Management Approach for Real Estate Managers

2 CRE Bank Lending Growth Drops to 11-Year Trough

3 South Carolina and Idaho Lead in Population Gains as Migration Slows

4 Six-Figure Incomes Now Required to Afford Rent in More U.S. Cities

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information

Maracay Continues Land Assemblage for 572-Home Community

By John Jordan | October 01, 2018

Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019.

Maracay Continues Land Assemblage for 572-Home Community

Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

By John Jordan | October 01, 2018

The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum in Fort Myers, FL for $16.5 million or approximately $111,000 per key.

Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

Historically Low Industrial Availability Amps Up Urgency

By Lisa Brown | October 01, 2018

The ProAmpac campus recently purchased by an EverWest partnership totals three buildings in the Kent Valley submarket, one of Washington's most in-demand warehouse and manufacturing locations.

Historically Low Industrial Availability Amps Up Urgency

Instant Insights /