Savills News

Pramerica sells French Aancée B Office building

Savills has advised Pramerica Real Estate on the sale of the 5,728 sq m office building, Avancée B in Créteil, in France. 

Savills has advised Pramerica Real Estate on the sale of the 5,728 sq m office building, Avancée B in Créteil, in France.  The property, which is located at 6 rue Claude Nicolas Ledoux south east of Paris, has been purchased for €15.2 million by Allianz Pierre on behalf of Immovalor Gestion.

The asset is situated at the centre of the Zone d’activités Europarc business park in Créteil and includes 141 parking spaces.  The building comprises predominantly office space and is let to five tenants including Aprolis, Valeo and MGEN.

Boris Cappelle, head of investment at Savills France, says: “The Zone d’activités Europarc is a growing business hub and has excellent transport links to central Paris via the new metro station Pointe du Lac.”

Savills was co-instructed with CBRE.

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