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Covivio takes over full ownership of the CB21 tower

The real estate company has purchased CNP Assurances' 25% stake in the 68,000 m² tower.
 © wikimedia.org
© wikimedia.org

Translated from French.

Covivio, which previously owned three quarters of the CB21 tower, has purchased its 25% minority stake in the 41-storey, 68,000 m² asset in La Défense from CNP Assurance. Contacted by Business Immo, the listed property company declined to comment on the financial details of the transaction. In a press release, it reports "conditions reflecting an overall target yield for the operation of 10%."

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  • Properties