By Guy Montague-Jones2018-06-21T12:11:00
Source: Taxiarchos228/Creative Commons
Oxford Properties has sold a 49.9% stake in its French portfolio to a fund advised by JP Morgan Asset Management for about €400m.
The sale of the stake in 32 Rue Blanche, 92 Avenue de France and Paris Bastille releases capital for Oxford Properties to make further investments.
Oxford Properties has the intention to grow its Paris invested capital to €2.5bn over time.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.