Balzac Real Estate Investment Management Sarl signed a preliminary agreement to acquire Think building in Neuilly-Sur-Seine from Officiis Properties SA (ENXTPA:OFP) for €62.8 million on July 12, 2018. In a related transaction, Europa Capital signed a preliminary agreement to acquire Imagine building in Neuilly-Sur-Seine from Officiis Properties SA. The transactions will generate €142 million in sales proceeds for Officiis Properties SA. The transaction was authorized by the Board of Directors of Officiis Properties SA and is expected to be completed on October 26, 2018. Balzac Real Estate Investment Management Sarl completed the acquisition of Think building in Neuilly-Sur-Seine from Officiis Properties SA (ENXTPA:OFP) on October 18, 2018. In a related transaction, Europa Capital also completed the acquisition of Imagine building in Neuilly-Sur-Seine from Officiis Properties SA. These two assets were sold for a combined price of approximately €140 million. After deducting rent-free buybacks, all advisory fees and expenses, the company will receive net proceeds of €139.3 million. Of the net proceeds, €76.4 million will be used to immediately reimburse the entirety of the outstanding mortgage debt of Officiis Properties and €23.3 million will be used to partly reimburse the outstanding debt of Officiis Properties Paris Ouest 1. For this transaction, Officiis Properties was advised by Scaprim Asset Management, Rothschild & Co, Lasaygues & Associés Notaries, and Allen & Overy. Balzac REIM was advised by Allez & Associés Notaries and Dentons.