Proudreed spends EUR 83m across France

By A staff reporter 2007-06-05T00:00:00

Proudreed has acquired 22 commercial properties across France for a total of EUR 83 mln. The transaction represents a yield of 8.09%, French newspaper Business Immo reported. Jean-Pierre Raynal, president of Proudreed France, said that the yield may come to 9.71% after reduction of the current vacancies in two ...

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