Degi International has bought an office development in Saint Martin de Blagnac, near Toulouse, southern France, for EUR 38 mln. The complex is being acquired in a sale-and-lease-back transaction from Assystem, the future occupant. Delivery is planned for 2008, Degi said in a press release. The complex includes two buildings providing some 13,800 m[sup]2[/sup] of office space, a restaurant as well as 722 parking spaces. Depending on demand, Degi said that a third building could be developed on the site.
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