French investor STE clinches three office deals

Property investor Societe de la Tour Eiffel (STE) has acquired three properties in France for a total of EUR 30 mln. Coming weeks after STE sold seven buildings to Henderson Global Investors for EUR 36 mln, the French company said the new acquisitions were in line with its investment strategy based on 'secure and long-term returns coupled with medium-term redevelopment opportunities with the accent on new or recent buildings'.

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