Proudreed has acquired 22 commercial properties across France for a total of EUR 83 mln. The transaction represents a yield of 8.09%, French newspaper Business Immo reported. Jean-Pierre Raynal, president of Proudreed France, said that the yield may come to 9.71% after reduction of the current vacancies in two of the assets.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
