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Managers cautious on real estate despite busy French market

Posted on 17 January 2012

La Francaise REM, Deutsche Hypo and Henderson Property have recently made plays in the French property market both in and beyond Paris, but managers are not convinced European real estate offers refuge.
Last week La Francaise REM acquired an office site on the rue du Dôme in Boulogne-Bilancourt, an area on the outskirts of Paris. It purchased the 5,200 sqm building from a pan-European German property fund for the net value of €23m………………………………………..Full Article: Source


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