SEB fund invests in Southern France

By A staff reporter 2007-09-17T00:00:00

SEB Immobilien-Investment has agreed to acquire five building developments in Aix en Provence, near Marseille from French developer Bouygues Immobilier. SEB said it will invest about EUR 23.3 mln (net) in the 42,590 m[sup]2[/sup] properties, which are located in the Parc de la Duranne development district.

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