Eurocommercial Properties (ECP) has acquired two shopping centres in France for a total of EUR 76.5 mln. The properties are located at St. Doulchard near Bourges and Chasse-sur-Rhône close to Lyon. Both are already income-producing, Eurocommercial said in its report on the company's first quarter 2007/2008 results up to 30 September 2007.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
