French property company Gecina has acquired the Euralille Tour V in Lille as part of its strategy to expand in the student residence segment. The transaction price of EUR 14.2 mln reflects a yield of more than 7%.
French property company Gecina has acquired the Euralille Tour V in Lille as part of its strategy to expand in the student residence segment. The transaction price of EUR 14.2 mln reflects a yield of more than 7%.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.