Insurance group Generali and Groupe Credit Agricole's Predica unit have acquired the Europe Avenue office complex at Avenue de l'Europe, Bois- Colombes in Hauts-de-Seine, France for around EUR 400 mln, reflecting a net yield of 6%. The property was bought on a 50/50 basis from Boston-based Beacon Capital Partners.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
