Terreis closes EUR 61m purchase of Paris assets

By A staff reporter 2009-09-28T00:00:00

French property investment company Terreis has completed the acquisition of a retail and office complex located in the eighth arrondissement of Paris for EUR 61.5 mln. The property was sold by French fund manager Axa Reim on behalf of an unnamed client. The investment volume reflects a yield of 7%.

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