Distressed Paris Office Towers Set for Cut Price Sales

A series of office towers in Paris’s financial district are being taken over by lenders or are set for cut-price sales as the area grapples with a soaring vacancy rate...

By Natasha Voase, Francois de Beaupuy, Haram Lim · Bloomberg Markets

A series of office towers in Paris’s financial district are being taken over by lenders or are set for cut-price sales as the area grapples with a soaring vacancy rate and collapsing valuations.