CUSTOM House Capital Ltd, an Irish wealth asset management fund, has signed a deed of sale with the developer DCB International for over 10m for the acquisition of an office building to be constructed in Lyon, France.
The deal was handled by Knight Frank Ganly Walters on behalf of Custom House Capital in Dublin, with King Sturge acting for the purchasers in Paris.
The building, Les Jardins D'Osaka, which is located in southeast Lyon, is due for completion in October 2008.
It will extend to 3,502sq m and include 62 carpark spaces.
Custom House Capital has plans to invest considerable additional funds in France, focusing on modern buildings with office and/or retail use.
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