PropertyEU

FDL sells German housing portfolio for EUR 78m

By A staff reporter 2011-10-10T00:00:00

Foncière Développement Logements (FDL) has announced the sale of 1,163 housing units in Germant to an unnamed German institutional investor. The sales price comes to a total of EUR 78 mln, in line with the asset's appraised value.

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