CAAM RE buys in Lyon at 7.5%

Credit Agricole Asset Management Real Estate has bought two office buildings in Lyon for a price of just over EUR 30 mln. The properties were acquired from Fonciere des Regions and provide total space of 11,000 m[sup]2[/sup]. The buildings were bought at a net initial yield of 7.2% and 7.5% respectively.

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