PropertyEU

Henderson buys French portfolio

By A staff reporter 2007-02-08T00:00:00

London-headquartered Henderson Global Investors (HGI) has acquired the GDG Participations mixed-use portfolio for EUR 61.5 mln. The portfolio comprises business and warehouse properties totalling some 111,500 m[sup]2[/sup] spread across 21 sites in and around Paris. The transaction reflects a net initial yield of 7.7%.

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