Bouygues Batiment Ile-de-France has won a contract worth over EUR 300 mln to renovate the CB31 tower in Paris' La Defense business district. The contract was awarded by a syndicate of French insurance group Axa, Boston-based real estate investment firm Beacon Capital and French developer Cogedim.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
