Gecina Acquires 93 Housing Units in Rueil-Malmaison Area of Paris for EUR 45.8m.
MANews-(C)2009-2021
Paris-based real estate investment trust Gecina (Paris: GFC) has acquired 93 housing units, representing a total of 6,000 sq.m. in a development project underway in Paris' Rueil-Malmaison for EUR 45.8m (USD 54.3), the company said.
The property is spread across three independent buildings in the L'Arsenal eco-district of Paris. This district will in time welcome around 2,000 new homes close to the future Grand Paris Express Line 15 station and a number of facilities (creches, schools, sports facilities).
The residence is scheduled to be delivered in...
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