FDL acquires EUR 100m of French residential assets

By A staff reporter 2009-10-05T00:00:00

Foncière Développement Logements (FDL) has signed letters of intent with two of its institutional shareholders, Cardif and Covéa Group's MMA, for the transfer of 339 housing units in France to its real estate portfolio. The transaction value amounts to a total of EUR 100 mln, excluding transfer duties. FDL will ...

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