PGIM gets Christian Dior-let Square in Paris

By Richard Hook2018-10-22T16:42:00

PGIM Real Estate has acquired a 75,000 sq ft historic office building in Paris from Macquarie’s GLL Real Estate Partners.

The Square, fully let to Parfums Christian Dior and dating back to 1928, is an office building located on 7-7 bis rue de Téhéran in the central business district of Paris. It was acquired for the pan-European discretionary value-add fund of PGIM, the $1trn global investment management businesses of Prudential Financial.

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