Icade signals EUR 331m in acquisitions

The board of Icade, the French real estate investment trust (SIIC), has backed the proposed acquisition next month of 66% of the Tour Descartes in La Defense, Paris for EUR 256 mln. The 41-storey Tour Descartes provides 66,000 m[sup]2[/sup] of floor space. It was built in 1985 to accommodate the ...

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