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TH Real Estate, on behalf of Warburg-HIH Invest, sells prime Paris office

Rue Leon Jost

TH Real Estate, on behalf of Warburg-HIH Invest Real Estate GmbH, has sold 4 Rue Leon Jost, Paris.

The office building was acquired by Caisse National de l’Ordre des Médecins for €54.5m. The building totals 4,800 sq m (51,666 sq ft) over 6th floors. It is conveniently located near the Courcelles Metro station, in the Paris CBD.

Sebastien Huet, Portfolio Manager, TH Real Estate, comments: "This transaction concluded our strategic decision linking the departure of the tenant and the pro-active sale. We are pleased to have finalised this deal, allowing Warburg-HIH Invest and the investors to benefit from favourable market conditions and reinforce the excellent performance of this building."

"We were able to accommodate the specific features of the property and achieved an optimal sales result in an unusual setting. This will strengthen the performance of the fund which is selling out as planned", announced Andreas Schultz, Managing Director Transaction Management International, Warburg HIH Invest Real Estate.

TH Real Estate was advised by Cushman & Wakefield, the notary Wargny Katz and the legal adviser François Thomé. The purchaser was advised by BNP Paribas Real Estate and Les Notaires du Quai Voltaire.

Issued by Henderson Real Estate Asset Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Henderson Real Estate Asset Management Limited provides investment products and services. COMP201700176

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