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Passy Kennedy

Listed 22/02/2019

Paris REIT Cegereal net slides to €33m on valuations, but cash-flow stable

Paris office REIT/SIIC Cegereal posted a sharp drop in net income last year to €33.1m after €62.4m in 2017 mainly due to the high portfolio uplift (...)

Office 18/09/2018

French Cegereal adds Paris office for €218m, plans €80m cap raise

French REIT/SIIC Cegereal, controlled by US firm Northwood Investors, has paid €218m to buy Passy Kennedy, a 23,615 sqm office in the 16th quarter of (...)