Property investment and management company Alpha Real Capital's French unit has acquired a mixed use portfolio from a private investor for EUR 19 mln. The properties, acquired through Alpha Real's investment fund Alpha Pyrenees Trust, are located in Val-de-Marne, south-east of Paris. The portfolio comprises a 6,500 m[sup]2[/sup] office building mainly let to the services group Exapaq, a 7,400 m[sup]2[/sup] office with several tenants and a 5,200 m[sup]2[/sup] business park mainly let to communication company Mediapost.
Property investment and management company Alpha Real Capital's French unit has acquired a mixed use portfolio from a private investor for EUR 19 mln. The properties, acquired through Alpha Real's investment fund Alpha Pyrenees Trust, are located in Val-de-Marne, south-east of Paris. The portfolio comprises a 6,500 m2 office building mainly let to the services group Exapaq, a 7,400 m2 office with several tenants and a 5,200 m2 business park mainly let to communication company Mediapost.
Alpha Pyrenees Trust is a closed-end investment company which targets French and Spanish commercial real estate.