BMO Real Estate Partners has acquired a prime luxury retail property located on Rue du Faubourg Saint-Honoré in Paris’s 8th Arrondissement. The investment volume was not disclosed, but the sale-and-leaseback transaction with Italian fashion brand Ermenegildo Zegna reflected a net initial yield of 3.4%.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
