PropertyEU

Invesco buys three Paris offices

By A staff reporter 2007-02-13T00:00:00

Invesco Property Income Trust has purchased a portfolio of French office properties for EUR 85 mln. The portfolio comprises three Paris buildings providing some 21,620 m[sup]2[/sup]. The properties are leased to 21 tenants and have an occupancy rate of 96.5%. The transaction reflects an initial yield of 6.5%, including a ...

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