Sofidy has acquired a portfolio of shops in Paris for EUR 40 mln from an unnamed vendor on behalf of SCPI Immorente and the listed investment company Selectirente. The fully-let portfolio comprises more than 80 retail units providing a total of 8,700 m[sup]2[/sup].
Sofidy has acquired a portfolio of shops in Paris for EUR 40 mln from an unnamed vendor on behalf of SCPI Immorente and the listed investment company Selectirente. The fully-let portfolio comprises more than 80 retail units providing a total of 8,700 m2.
The vendor was advised by Landwell & Associés and PricewaterhouseCoopers Corporate Finance, French newspaper Business Immo reported. At the start of 2007, Sofidy, on behlaf of SCPI Immorente, bought a portfolio of 60 shops from Gecina.
