PropertyEU

First Property makes first purchase for Polish opp fund

By A staff reporter 2010-10-15T00:00:00

AIM-listed property fund management group First Property said that its newly launched opportunity fund has made its first property acquisition with the purchase of a Carrefour hypermarket in Lodz, Poland for EUR 20 mln. The asset is leased with a term of 11 years and is forecast to earn a ...

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