Coeur Defense
Mon Dieu! Americans Behind Europe Record-Breaker
Wowza! Apparently they buy buildings in Paris too.
Naturally, it's a bunch of burly American I-bankers who made the biggest single-asset deal in European history.
Lehman Brothers has purchased Coeur Defense, a series of five buildings, from Goldman Sachs for 2.11 billion euros, or $2.8 billion U.S. dollars. It's a record for the overseas bunch.
Cushman & Wakefield, which also advised the biggest single-building sale ever in U.S. history at 666 Fifth Avenue for $1.8 billion, advised Lehman Brothers in this deal. read more »
Full release after the jump.
- John Koblin
