Predica, SFL in joint deal in Paris

Predica, a Crédit Agricole Assurances subsidiary, and Société Foncière Lyonnaise (SFL) have become joint owners of a building in Paris for EUR 16.6 mln excluding transfer costs. The acquisition was carried out through their joint subsidiary, Parholding. The vendor, Rivoli Avenir Patrimoine, is an SCPI real estate investment fund represented by Crédit Agricole Asset Management Real Estate.

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