Entries by themyst

IREIT Global acquires 17 French retail properties for $112.2 mil

IREIT Global, a Europe-focused Real Estate Investment Trust, has announced the call option agreement to acquire a 17-property French retail portfolio. The total purchase consideration for the properties is EUR76.8 million ($112.2 million). According to an independent valuation, this is a 1.7% discount, with the portfolio estimated at just over EUR78.1 million in value. The […]