May 8, 2013

Ivanhoé Cambridge sells the 42 de Friedland building in Paris

Ivanhoé Cambridge announces today that it has finalized the sale of the office building located at 42, avenue de Friedland in Paris’ 8th arrondissement.

Ivanhoé Cambridge sells the 42 de Friedland building in Paris

Ivanhoé Cambridge announces today that it has finalized the sale of the office building located at 42, avenue de Friedland, corner of rue de Tilsitt, in Paris’ 8th arrondissement. The agreement is with the French company Assurances du Crédit Mutuel.

The 42 avenue de Friedland is a quality building that offers more than 10,500 m2 (113,000 ft2) of leasable space. It is the site of the head office of Vivendi, whose presence in the building is assured for a firm six-year period.

The Catella company brokered the sale as part of a co-exclusive mandate with Jones Lang LaSalle. Ivanhoé Cambridge also benefited from the counsel of notary Hubert Wargny and the legal firm of Allen & Overy. For its part, Assurances du Crédit Mutuel was advised by notary Hitier.


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