Norway fund buys Paris office for €462.2m

Norges Bank Real Estate management has bought a large office building in Paris for €462.2m.

The Norwegian fund acquired the building from subsidiaries of Abu Dhabi Investment Authority – Tamweelview European Holdings SA and Tamweelview Listed Securities Holdings.

The office block is located on 6-8 boulevard Haussmann and totals 24,500 sq m of space in total.

No financing will be used in the sale and the asset will be held unencumbered by debt, the fund said.

Cushman & Wakefield acted as exclusive selling agent.

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