Foruminvest France has sold shopping centre Le 31 in Lille, to two special funds of Pramerica, the Munich-based investment fund. The acquisition price was well above EUR 150 mln for a yield of around 6%, the company said in a press release. Negotiations on the deal became serious in the autumn of 2008 and the closing occurred on 29 May, 2009.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
