GE Real Estate France has acquired two new office buildings from Toulouse-based property company GA for a total of EUR 9.7 mln. The transaction is part of the process started in 2005 whereby GA has been divesting its property portfolio to GE Real Estate France to concentrate on property management. Several members of the GA team have transferred to GE Real Estate's Toulouse headquarters.
Finnish real estate manager Sirius Capital Partners, through a recently formed affiliate, has purchased a portfolio of four residential buildings in Helsinki, Finland.
