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Announced

Completed

Covivio completed the acquisition of the remaining 25% stake in CB21 tower.

Synopsis

Covivio, a French real estate company designing offices, hotels and housing, completed the acquisition of the remaining 25% stake in CB21 tower, an office skyscraper located in Paris. Financial terms were not disclosed. This investment enables Covivio to reconstitute full ownership of the asset at a key moment in the life of the building following the departure of Suez, the tower's historic tenant. After the departure Covivio intends to continue the qualitative and service-oriented repositioning work initiated in 2020.

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