Fonciere LFPI, the French real estate company, has acquired a 11,000 m[sup]2[/sup] office building in Sophia-Antipolis, in the Alpes-Maritimes, from the Cargill and LaSalle Investment Management . The development is 90% let to three tenants: the Communauté d'Agglomération de Sophia Antipolis local authority, Accenture and Stéria. The acquisition value is EUR 22 mln including legal costs.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
