Grosvenor and Capmark Investments have teamed up to buy a brace of Parisian office buildings from RREEF for E170m (£122m).

The partners have purchased Colisee III and IV – offices in the 17th arrondissement of the city – which were originally developed by Capital & Counties and total 247,570 sq ft.

The purchases were completed with debt financing from Barclays Capital.

Grosvenor was advised by Cushman & Wakefield. RREEF was advised by Jones Lang Lasalle.