PARIS-International property fund manager Cordea Savills has acquired a logistics warehouse facility in Trappes for EUR 20.7 million from Invista European Real Estate Trust for the European Commercial Fund. The property is located on the west side of Paris.
The warehouse is fully leased to Veolog and Nature & Decouvertes for six years and nine years, respectively. Maitre Jean-Francois le Falher and Clifford Chance advised Cordea Savills, while CBRE and Etude Lasaygues advised Invista in the deal. For the full story, go to Europe Real Estate .
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