Principal bought the asset in Levallois Perret, Paris, for SEDCO Capital. : Principal Real Estate Europe has bought its first asset for a Sharia-compliant Saudi asset manager with the acquisition of a 9,800sqm office building in France’s capital. The European real estate investment manager said it has acquired the multi-let office building in Levallois Perret, Paris, on behalf of a segregated account it manages for SEDCO Capital. The asset is fully let.