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The 207,500 sqm portfolio of 6 logistics assets and one parcel of land was purchased from Prologis. The assets are very well located near strong French logistics hubs and fully occupied with good covenant tenants such as Auchan, Conforama and Michelin. The strategy which will be implemented by STAM involves maintaining and stabilizing the rental...

York Capital Management and Stam Europe have acquired a portfolio of 19 logistics and light industrial assets, located mainly within the French logistics corridor. The portfolio represents a total area in excess of 360,000 m2. An entity controlled by affiliates of the two companies completed the deal. Stam Europe will be responsible for the investment...

The real estate arm of Nordic private equity giant EQT has teamed up with French asset manager STAM Europe to acquire a €33m asset in Paris’ central business district. The deal is understood to represents EQT’s first purchase through its debut European fund. EQT Real Estate, the London-based real estate arm of Nordic private equity...

The vacant 16,600 sqm Grand Angle building, ex-Siemens HQ, was purchased from Oman’s State General Reserve Fund. The property is scheduled to undergo a complete refurbishment to deliver high standard services and an improved energy efficiency to meet potential tenants’ requirements. An energy efficiency label will be sought for the building. Grand Angle is located...

Tristan Capital Partners and Stam Europe have agreed to sell the recently­redeveloped PariSquare office complex to Canadian investor Oxford Properties for an undisclosed amount. Tristan and Stam re­opened the 24,100 m2 building in Paris' Bastille district in October last year after having invested over €100 mln in the project which involved the conversion of a...

The New York-based private equity real estate firm has acquired the bulk of the assets in a 2007-vintage vehicle. Northwood Investors has recapitalized STAM Europe’s 2007-vintage fund, STAM REI III, with the acquisition of 15-property portfolio for €164 million. The New York-based private equity real estate firm is understood to have purchased the assets at...

PariSquare, a 24,000 sqm new office campus in the heart of the 11th district in central Paris, is now fully leased to Publicis Groupe. Publicis Groupe is the third largest advertising group in the world with over €7 billion of revenues. Located near La Bastille, in a hip IT & communications district of Paris, the...

Located 91-93 rue de Richelieu, in the heart of Paris, this prime office asset was sold in February 2015 to a hotel operator. The asset, representing a total area of c. 3,500 sqm, was originally purchased through an off-market transaction two years ago. The initial strategy was to convert the building once vacated into a...