De Pardieu has advised Blackstone on the acquisition of the Paris Trocadéro Business Center, a 41,000 sq.m asset located on Place du Trocadéro, in the 16th arrondissement of Paris, formerly owned by Union Investment Real Estate.
Blackstone Real Estate Fund has signed an agreement to acquire this landmark property located in the 16th arrondissement of Paris. The transaction, valued at approximately €700 million, is expected to be completed in the fourth quarter of 2025. This acquisition underscores Blackstone’s confidence in the European office real estate market and reflects its conviction that premium assets in strategic locations continue to offer attractive investment opportunities.