International property company Grosvenor has sold 10,500 m[sup]2[/sup] of retail space in Villeneuve d'Ascq, near Lille to fund manager Uffi Real Estate Investment Management. The tenants of the property include retailers Lapeyre, Aubert, and Maxi Toys.
International property company Grosvenor has sold 10,500 m2 of retail space in Villeneuve d'Ascq, near Lille to fund manager Uffi Real Estate Investment Management. The tenants of the property include retailers Lapeyre, Aubert, and Maxi Toys.
The UK group has also disposed of a 12,500 m2 retail portfolio located in the outskirts of large cities in Belgium and Luxembourg to Sicaf Retail Estates. The total transaction price comes to EUR 43 mln, French paper Business Immo reported. Cushman & Wakefield advised the vendor.
