PARIS-MGPA, on behalf of CarVal Investors and MGPA Fund III, has purchased Upsilon in Malakoff and has inked a construction contract with Immobiliere Ile de France. Arte Charpentier designed the building on 10 rue Raymond David.
The building will provide roughly 182,985 square feet of office space and 388 parking spaces. The Upsilon building is expected to be finished by mid-2013. Credit Foncier de France and Natixis financed the deal. For the full story, go to Europe Real Estate .
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