Franco-Dutch listed property group Unibail-Rodamco has announced the acquisition of a 7.25% stake in Société Foncière Lyonnaise (SFL) from German bank Eurohypo for a total amount of EUR 106.5 mln. The purchase price corresponds to EUR 31.59 per share. The acquisition has been made for investment purposes, Unibail-Rodamco said.

SFL is listed on the Paris stock exchange, and invests predominantly in high-quality office buildings in the Paris Central Business District.

Earlier this year the French SIIC, which is controlled by Spain's Colonial Inmobiliaria, bought a 30% stake in peer company Siic de Paris in exchange for two office towers at La Défense.