Vacant Paris asset requires renovation
Asset was refurbished in 2018 and is fully let to three tenants
Pimco, CNP Assurances and AEW are exiting two assets
Group has invested €350m over 18 months
Office will be delivered in 2026
Development is financed by French bank duo
German fund manager in exclusive talks to purchase mixed-use asset in 11th arrondissement
Group becomes top institutional property manager in France
First-round bids for value-add property expected by 14 November