PropertyEU

FDL invests EUR 360m in residential assets

By A staff reporter 2007-07-12T00:00:00

Fonciere Developpement Logements (FDL) is acquiring two portfolios with more than 1,000 residential units from Generali and Fonciere des Regions for a total of EUR 314 mln, excluding taxes. Additionally, the company said that it has agreed on four development projects for an additional EUR 47 mln.

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