Foruminvest sells Lille mall to Pramerica

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.

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