French property investor Terreis has announced the EUR 61.5 mln acquisition of three office buildings at Rue Marbeuf, in Paris' eighth arrondissement. The deals, closed last month, represent a net initial yield of 7.5%. Terreis said that the acquisitions are 'in line with its active acquisition policy' launched at the beginning of 2009.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
