Gecina finalises Rexel logistics buy

Gecina said on Thursday it had finalised the acquisition of three logistics platforms from electrical equipment distributor Rexel Group, under the conditions laid down in an agreement signed in March of this year. The French logistics assets, located in Lyons , Nantes and Toulouse, have a total surface area of 48,500 m[sup]2[/sup]. The sale-and-leaseback deal is the second with Rexel, following the acquisition of four logistics platforms announced in April.

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