PropertyEU

AEW Europe sells French retail portfolios for EUR 40m

By A staff reporter 2010-11-16T00:00:00

Investment manager AEW Europe has sold two French retail portfolios, Sérénité 1 and 2, for a total of EUR 40 mln. The pan-European company said that it has divested Sérérité 1 to SCPI Immorente and OPCI RFA Sofimmo, managed by Sofidy, for a total of EUR 21.5 mln.

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