HSBC REIM has acquired 7,826 m[sup]2[/sup] of offices in the southern Parisian suburb of Rungis for SCPI Elysees Pierre for a total of EUR 12.3 mln. The offices are fully let, French property news website Business Immo reported. Keops, investment department, and the Morin practice advised on the transaction.
Listed REITs and banks, British Land, Capital & Regional and Wells Fargo, bought and sold four shopping centres and retail parks this week.
