PropertyEU

France's Terreis buys 3 Paris buildings for EUR 61m

By A staff reporter 2009-10-26T00:00:00

French property investor Terreis has announced the EUR 61.5 mln acquisition of three office buildings at Rue Marbeuf, in Paris' eighth arrondissement. The deals, closed last month, represent a net initial yield of 7.5%. Terreis said that the acquisitions are 'in line with its active acquisition policy' launched at the ...

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