PARIS-TF1 has purchased the Aile Sud office building in 54, rue de la Voie Lactee from Union Investment Real Estate for an undisclosed price. The nine-story building comprises 78,738 square feet of office space.
Union Investment bought the Boulogne-Billancourt building in 1999 for its fund UniImmo: Europa. The company sold the Marriott Champs-Elysees, the Espace Gaymard and the Les Renardieres office buildings in 2011 for EUR 450 million. Gide and SJ Berwin represented Union Investment in the sale. For the full story, go to Europe Real Estate .
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