Benson Elliot Capital Management has teamed up again with Generale Continentale Investissements (GCI) to acquire Le Berkeley office building in La Defense, the financial district of Paris, for just over EUR 100 mln. Benson Elliot, the London-based private equity real estate firm launched by Marc Mogull, said the acquisition on behalf of its fund, Benson Elliot Real Estate Partners II, underscored its strategy to target quality assets in dominant markets.
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