SCBSM buys EUR 150 mln property company

French Societe Centrale des Bois et Scieries de la Manche (SCBSM) is acquiring a real estate company with a property portfolio of about EUR 150 mln, newspaper Business Immo has reported. Some 45% of the portfolio comprises shopping centres in the Paris region, 24% of retail parks and 28% of office buildings in the Paris area. The purchase is being financed by the Royal Bank of Scotland.

Would you like to read more? Log in first (top right of the screen) or take a trial.


Latest news

Best read stories