Paris, France, April 16, 2020

Gecina finalizes the sale of 54/56 avenue du Général Leclerc in Boulogne-Billancourt for €36.6m excluding duties

This fully occupied multi-tenant office building in Boulogne-Billancourt, with nearly 3,900 sq.m, has been sold for €36.6m excluding duties, achieving a premium versus its latest free appraisal values.

On this transaction, Gecina was advised by Savills under a joint-exclusive mandate with Cushman & Wakefield and by the notary’s office Cheuvreux.

 

 

 

Méka Brunel, Chief Executive Officer: “Gecina is continuing to move forward with its portfolio rotation strategy in the current context”.

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