Abu Dhabi Fund to sell $1.7 billion office buildings in Paris

UAE ADIA

Abu Dhabi Investment Fund Authority, which is one of the world’s largest funds, seeks to sell $1.7 billion office buildings located in the French capital Paris.

The fund aims from this step to exploit the increased investment appetite on French assets.

The fund hired broker Cushman & Wakefield Inc to market the properties. The property portfolio now displayed for sale include a 24,000 square-meter office building, a building in the La Defense business district, and another building in a prime location in Paris.