Immorente purchases Paris retail portfolio

By A staff reporter 2007-01-16T00:00:00

French SCPI-listed property company Immorente has acquired a portfolio of Paris shops from Gecina for EUR 31.5 mln. The portfolio comprises 60 ground-floor shops located in the 17th arrondissement of Paris. Locare and Oudot & Associes advised on this transaction, French newspaper Business Immo reported.

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