Industrial real estate developer AMB Property Corporation has leased some 27,400 m[sup]2[/sup] to General Motors in the AMB Gonesse Distribution Center development project in Paris. The new space will replace GM's current delivery centre and is intended 'to enhance the logistics process of its Opel spare parts operations in France,' AMB said in a statement.
Principal Real Estate has acquired a stake in the Rome Cavour Hotel through a Separate Account Mandate.
