SFL has entered into a €165 million deal to acquire the historical headquarters building of the SMA group (SMABTP, SMAvie). The building occupies a prime site at 112-122 avenue Emile Zola, in the heart of Paris's 15th arrondissement. It is surrounded by a mix of residential and commercial real estate and is well served by public transport. Contracts will be exchanged when SMA moves to its new headquarters in the fourth quarter of 2017. The roughly 21,000-sq.m. building dating back to 1966 stands on a 6,300-sq.m. plot featuring a tree-filled garden that offers a wide range of options. SFL intends to restructure the property as a new major business centre in the west of the capital.