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.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
