Wereldhave completes sale of Carré Vert office building in Paris


Schiphol, the Netherlands, 2015-09-29 09:39 CEST (GLOBE NEWSWIRE) --  

Wereldhave has successfully completed the sale of the “Carré Vert” office building in in Levallois-Perret (Paris). Carré Vert was sold for a net consideration of € 166m, which is € 5.4m or 3.4% in excess of the book value as at December 31, 2014. It represents a net exit yield of 4.5% and a weighted average lease term of 3.3 years.

Cushman Wakefield Capital Markets Group acted as advisor to Wereldhave in the context of a joint instruction with Jones Lang LaSalle.

The disposal of the Noda office building is expected to be completed mid-October. This office building was sold for € 185m net, which is € 8.9m or 5.1% in excess of the book value as at December 31, 2014.
 

         Information for the press:
         Richard W. Beentjes
         E richard.beentjes@wereldhave.com
         T + 31 20 702 78 32
         
         Information for analysts:
         Jaap-Jan Fit
         E jaapjan.fit@wereldhave.com
         T + 31 20 702 78 43


Attachments

Press Release completion sale Carré Vert, Paris.pdf