SUBSCRIBERS

GIC in talks to sell 2 Paris CBD buildings: sources

Published Wed, Jun 22, 2016 · 09:50 PM

Berlin

GIC Pte Ltd, Singapore's sovereign wealth fund, is in talks to sell two buildings in Paris's central business district valued at about 500 million euros (S$757 million) to Societe Generale's insurance unit, according to people with knowledge of the discussions.

The adjacent properties, on Rue d'Astorg and Rue de la Ville-l'Eveque, include the French headquarters for law firm Clifford Chance LLP, said these people, who asked not to be identified because the deal has not been completed and could still fall apart. Spokesmen at GIC, Societe Generale and Cli…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here