Altarea Cogedim sells retail park for EUR 21m

By A staff reporter 2011-06-06T00:00:00

French retail specialist Altarea Cogedim has signed the deed of sale for the Parc des Bouchardes retail park in Crêches-sur-Saône to Ascencio, a closed-end real estate investment fund (SICAF) specialising in retail warehouses. The investment volume of EUR 21 mln reflects a yield of about 6%.

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