SNI buys 1,000 residential units from Gecina

France's Sociéte Nationale Immobilière (SNI), a unit of bank Caisse des Depots, has purchased around 1,000 housing units in the outskirts of Paris from French property firm Gecina. The apartments are located in Courbevoie (Hauts-de-Seine) and Saint-Michel-sur-Orge (Essonne), according to French media. The financial details of this transaction were not disclosed.

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