Gecina, a listed French real estate trust (SIIC), has announced it is acquiring the 58,000 Defense Ouest real estate complex from developer HRO for a total of EUR 350 mln. The complex, which is still under construction, is part of the new Portes de la Defense business district in the redeveloped urban centre in Colombes, west of Paris.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
