Gecina: sells restaurant premises portfolio for E20m
(CercleFinance.com) - Gecina said on Friday evening that it has finalised the sale of a portfolio of restaurant premises, most of which are leased to Leon de Brussels and Courtepaille, for nearly 20 million euros.
Gecina said, "This portfolio of 16 assets, representing a total of almost 11,500 sq.m, has been drawn exclusively from the scope acquired through the business combination with Eurosic.
With the recent sale of office portfolios in regional hubs away from Paris, Gecina has therefore finalized or secured nearly E1.5bn of sales of assets since the start of the year, moving forward with its portfolio's realignment around assets in the Paris Region's most central sectors."
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Gecina said, "This portfolio of 16 assets, representing a total of almost 11,500 sq.m, has been drawn exclusively from the scope acquired through the business combination with Eurosic.
With the recent sale of office portfolios in regional hubs away from Paris, Gecina has therefore finalized or secured nearly E1.5bn of sales of assets since the start of the year, moving forward with its portfolio's realignment around assets in the Paris Region's most central sectors."
Copyright (c) 2018 CercleFinance.com. All rights reserved.