French property firm Gecina has announced it is bringing in US private investment fund Sage as a new investor. The Paris-based real estate investment trust, or SIIC in French, has agreed to sell 500,000 of its treasury shares to Sage.
French property firm Gecina has announced it is bringing in US private investment fund Sage as a new investor. The Paris-based real estate investment trust, or SIIC in French, has agreed to sell 500,000 of its treasury shares to Sage.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.