France's Proudreed has acquired a retail project in Colomiers, near Toulouse, from developer PACFA for an undisclosed amount. The property will provide some 6,000 m[sup]2[/sup] of retail space on completion later this year. The delivery of the first building consisting of a total 2,000 m[sup]2[/sup] let to Chantemur, Norauto and Bureau Vallée, is scheduled for July 2009.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
