Oxford sells stake in Paris portfolio for €400m

Paris

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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue