Ashurst advises on the acquisition and financing of Le Balthazar office building in France
International law firm Ashurst advised French asset manager La Française Real Estate Partners, acting on behalf of Hyundai Investment Asset Management and a group of Korean investors, on the acquisition and financing of "Le Balthazar", an office building located in Saint-Denis, France.
The property develops circa 35,000 square meters over eight stories and is comprised of two wings, connected by an atrium. The office areas are 100% let to a leading telecommunications group, under a long-term lease.