Prudential Property Investment Managers (Prupim) has purchased phase 1 of Le Val Saint Quentin business park in Voisins-le-Bretonneux, France from Belgian developer Codic, on behalf of the M&G European Property Fund. The site of the business park covers 9.5 hectares and has a proposed total built area of 42,000 m[sup]2[/sup] over 15 buildings. Phase I comprises three existing fully let office buildings, totalling 8,300 m2, completed in 2005 and 2006. The global investment volume for Phase I will be around EUR 90 mln, Prupim said in a statement.
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