France-based REIT Société Foncière Lyonnaise (SFL) has agreed to acquire all the shares of SCI Pasteur, which owns the Pasteur building, from Primonial Reim France.
Located at 91-93 Boulevard Pasteur in Paris’ 15th arrondissement, the property has a total surface area of more than 39,500 sq.m. and is fully occupied by Amundi under a 12-year, non-cancellable lease effective from 1 February 2022.
SFL said this transaction is fully in line with its strategy of strengthening its position in central Paris with large, highly accessible assets offering medium- to long-term redevelopment prospects.
