PropertyEU
Aigo Capital Partners buys 22,000 m2 in France
Date: 10 February 2010
Category: Office
Aigo Capital Partners, a French investment fund created by Vietnamese businessman Quoc-Giao Tran, has acquired two office schemes with 22,000 m2 of total space in Montrouge and Morangis, France from Banque Populaire Rives de Paris. The financial details of this transaction were not disclosed.

The building in Montrouge offers around 8,000 m2 of office accomodation while the scheme in Morangis consist of 14,000 m2 of office, retail and logistics space. DTZ advised the seller.

'We are starting to re-position our business with caution and are seeking other investment opportunities,' said Quoc-Giao Tran in a statement. The Aigo Group is an asset manager, investor and developer mostly active in the French real estate market.
 
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