Corio acquires French retail park for €85 million (NL)

Dutch property investor Corio is to acquire a 37,600 m² retail centre that is to be developed by French Sogam, a subsidiary of the Vinci Group in Coignieres, 25 km west of Paris.

According to an agreement signed in February 2006, Corio will acquire this turnkey project for approx. €85 million upon completion, which is expected to be in 2008.

Source: Corio/Eurobuild

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