29 December 2015 - UK-based REIT Schroder European Real Estate Investment Trust Plc has exchanged contracts for the purchase of a EUR 37.5m (USD 41.14m) freehold office property located in Boulogne-Billancourt
(Paris), France at a net initial yield of 5.7%, the company said.
Target: Freehold office property located in Boulogne-Billancourt
Paris, Feb 7 (ANI): French authorities evacuated at least six thousand people from their residences after an unexploded RAF bomb, which was apparently dropped during the Second World War, was discovered in Boulogne-Billancourt
on the outskirts of Paris.
Barely 25 years old, Vasconi's building is the last remaining fragment of the huge Renault manufacturing plant at Boulogne-Billancourt
, on the south-west edge of the Paris conurbation, before it was gradually decentralised.
French property company Gecina (PAR: GFC) has signed a preliminary sales agreement with French insurer and supplementary retirement fund group AG2R La Mondiale for the "L'Angle" office building, with over 11,000 sq.m of space in Boulogne-Billancourt
, fully let to L'Equipe, the company said.