Wednesday, November 21, 2007

Sodexho's New HQ in Paris Sold for €100 Million

King Sturge Web Site - November 19, 2007

On behalf of Custom House Capital, King Sturge, Paris and Knight Frank Ganly Walters, Dublin have purchased from Sefri-Cime and AXA REIM two office buildings, Panorama Seine and Dockside near Paris in Issy-Les-Moulineaux for more than €100 million.

Sodexho will be occupying both buildings on a 12 year lease and this will become their International Headquarters.

Panorama Seine comprises 7,893m² (84,959ft²) with 71 car parking spaces, due to complete in February 2008. Dockside comprises 2,128m² (22,906ft²) with 27 car parking spaces due to complete in April 2008.

Simmons & Simmons and Le Breton & Associés acted on behalf of Custom House. Sefri-Cime was advised by Pardieu Brocas Mafféi and Wagny Katz. The financing was done by Aareal Bank, who were advised by notaries Allez & Associés. Sphere: Related Content

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