French fund manager Primonial REIM has acquired a Castorama store near Paris from Belgian investor Banimmo for 鈧�20 mln.
French fund manager Primonial REIM has acquired a Castorama store near Paris from Belgian investor Banimmo for 鈧�20 mln.
The scheme, located in the Art de Vivre shopping centre in Eragny-sur-Oise, was bought for Primonial's managed funds.
Art de Vivre is a 45,000 m2 shopping centre offering 46 shops. The Castorama store opened in 1991 and provides 11,000 m2 of sales surface.
The asset is managed by S茅g茅c茅 and recently underwent a 鈧�15 mln refurbishment .
Primonial REIM was advised by notary firm Allez & Associ茅s, and law firm CGR Legal.
