EDF Completes Sale More Than 200 Real Estate Assets
29 Novembre 2018 - 08:18AM
Dow Jones News
By Patrick Costello
Electricite de France SA (EDF.FR) said late Wednesday that it
and its Sofilo subsidiary completed the sale of more than 200
office and business assets to investment vehicles managed by Colony
Capital Inc. (CLNY).
The portfolio included assets located in the Paris metro area
and other regions in France with a total surface area of roughly
430,000 square meters, EDF said.
The sale was also coupled with an operating lease contract by
the EDF group, the company said.
The closing of the transaction marks the completion of the
French energy group's asset-disposal plan for 2015 to 2020 of 10
billion euros ($11.31 billion), EDF said.
Write to Patrick Costello at Patrick.Costello@dowjones.com.
(END) Dow Jones Newswires
November 29, 2018 02:03 ET (07:03 GMT)
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