French property firm Mercialis on Thursday reported rental revenues of EUR 99.5 mln for the full year 2007, up 21.9% on 2006. Full-year invoiced rents rose 21.1% to EUR 97.7 mln. With 9.3% of this growth organic and 2006 and 2007 acquisitions accounting for 13.2%.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
