French property group Fonciere des Regions said on Tuesday that it has signed an agreement with Technical Property Fund I, the OPCI investment vehicle of BNP Paribas REIM, to sell a portfolio of 30 office properties for a total of EUR 95.1 mln excluding taxes. The portfolio consists of around 99,000 m[sup]2[/sup] of offices located mostly outside Paris and leased to France Telecom. In a statement, FdR said that the sale is expected to be completed by the end of the year.
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