PGIM gets Christian Dior-let Square in Paris

PGIM The Square7_téhéran

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.

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 £6 per week.

Registered users and subscribers SIGN IN here to continue