Invesco acquires EUR 95m European portfolio

Invesco Real Estate is acquiring a portfolio of five assets across Europe for a total of EUR 95 mln. The Portefeuille Isar includes properties located in France, Belgium and Spain, which are being sold by German Real IS fund. The French assets are two fully-let warehouses, providing respectively some 15,900 m[sup]2[/sup] and 42,800 m[sup]2[/sup] of warehousing space. The two assets are located in Combs-la-Ville and Saint-Michel-sur-Orge, in the Ile-de-France region. In Belgium, Invesco has purchased two modern offices located in the Brussels area. The company has also bought a warehouse complex located in Barcelona's industrial area, French newspaper Business Immo reported.

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