Deals
Blackstone to Seek $410 Million for Two Paris Offices
The Eiffel Tower stands illuminated on the city skyline at dusk in Paris.
Photographer: Christophe Morin/BloombergThis article is for subscribers only.
Blackstone Group LP is seeking to sell two office buildings in Paris for a total of about 350 million euros ($410 million) as it taps increased investor demand for space in the city in the wake of the Brexit vote, according to a person with knowledge of the matter.
The properties for sale are known as Coeur Marais and Fhive, said the person, who asked not to be identified because the information is private. They are located on the Rue des Archives and the Rue Charlot respectively, and the tenants include WeWork Cos. A Blackstone spokesman declined to comment.