Qatar Islamic Bank (QIB) has bought four properties in France from Gulf Atlantic FZ (France) (GAF).
GAF is a fund established and managed by the Bahrain-based Gulf Finance House (GFH). A GFH release Monday said that it had exited GAF and QIB had acquired the latter’s four properties.
The properties are located in Paris and include a high-end building in Saint-Ouen designed by Viguier and let to Alstom Transport, an office complex in Velizy let to carmakers Peugeot, a multi-let office building in Ivry where France Telecom is the main tenant and a mixed-use building in Gentilly which has been multi-let with SFR Cegetel as occupants.
