Arrondissement

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Arrondissement

In French-speaking areas, a political subdivision equivalent to a borough. In the Netherlands, it is used to mean a district.
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The Societe Fonciere Lyonnaise (SFL) (Paris:FLY.PA) announced on Monday that it has signed an agreement with Blackstone Real Estate Partners Europe III to acquire an office building of approximately 25,000 square metres on a plot of one hectare, located on the rue Condorcet in the 9th arrondissement of Paris.
SFL to acquire office building rue Condorcet in the 9th arrondissement of Paris for EUR230m
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