French furniture retailer seals EUR 200m leaseback

By A staff reporter 2011-11-15T00:00:00

French furniture retailer BUT has sold a portfolio of 25 stores across France for a total of EUR 200 mln. The buyers are Shopping Property Fund 1, an OPCI investment vehicle managed by BNP Paribas, and investment firm Compagnie de Phalsbourg.

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