French property giant Unibail Rodamco is reportedly interested in buying back the Coeur Defense office tower at La Defense in Paris from bankrupt US investment bank Lehman Brothers at a significant discount. According to an article in the French weekly Challenges, the group has made an offer for the building at a much lower price than the EUR 2.1 bn the recently collapsed bank and its French joint venture partner Atemi paid in March 2007 for the complex. Challenges reported that Unibail Rodamco is now looking to acquire the 182,000-m[sup]2[/sup] complex for EUR 1.2 bn.
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