Pramerica, Banimmo invest EUR 200 mln in French retail venture

By A staff reporter 2007-09-19T00:00:00

Pramerica Real Estate Investors has formed a joint venture with Belgian-French property redeveloper Banimmo to develop and refurbish retail properties in France. Pramerica will initially contribute up to EUR 40 mln, representing 66% of the EUR 60 mln of equity committed to the joint venture with the balance provided by ...

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