Banimmo announced on Thursday that it had acquired just under 260,000 shares in Belgian warehouse specialist Montea for EUR 30.11 each in an over-the-counter transaction. The price corresponded to Montea's net asset value per share at end-December 2007. Banimmo now holds 19.2% of the capital of Montea. Both companies are listed on Euronext Brussels.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
