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Levallois-Perret: Europa Capital and Balzac REIM sell Sémaphore to Primonial for €142.5m

Le Sémaphore à Levallois-Perret © Balzac REIM
Le Sémaphore à Levallois-Perret © Balzac REIM
By La rédaction Business Immo
October 9, 2019 | 8:35 AM

Translated from French.

Europa Capital, with its partner Balzac REIM, announces the sale of Le Sémaphore to its value-added fund Europa Fund V, to a Primonial REIM fund, for €142.5 million. The sale comes shortly after a firm nine-year lease was agreed for the entire 12,000 m², eight-storey office building in Levallois-Perret. Doctolib will take possession of the asset in January 2020.

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News | Levallois-Perret: Europa Capital and Balzac REIM sell Sémaphore to Primonial for €142.5m