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Covéa's property arm buys HQ of French newspaper Le Figaro

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Covéa's property arm buys HQ of French newspaper Le Figaro

French insurer Covéa's property unit purchased the headquarters of national newspaper Le Figaro in Paris for an undisclosed sum, Property Investor Europe reported, citing the unit.

According to the report, the Qatar Investment Authority bought the five-building, 26,500 square-meter complex, located at 14 Blvd. Haussmann, and another asset in the city's central business district for over €600 million in 2012.