PropertyEU

Fonciere des Murs buys garden centres for EUR 242m

By A staff reporter 2007-04-24T00:00:00

Fonciere des Regions' subsidiary Fonciere des Murs has signed a sale-and-leaseback agreement to acquire a portfolio of 57 garden centres operated by the Jardiland group for EUR 242 mln including taxes and expenses. The assets, which represent two thirds of Jardiland's sites, are spread throughout the country.

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