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Deal snapshot: ALPHA PYRENEES TRUST CLOSES EUR 24.3M PARTIAL PORTFOLIO SALE.

MANews-(C)2009-2016

Channel Islands-based property investment company Alpha Pyrenees has sold its properties located at Athis Mons, Aubergenville and Aubervilliers in France totalling approximately 59,730 square metres for EUR 24.3m (USD 27.16m), the company said.

According to the company, the purchaser is an investment vehicle managed by Colony Capital, Inc. (NYSE: CLNY), a global real estate and investment management firm.

Country: France

Sector: Construction/Real Estate

Target: Properties located at Athis Mons, Aubergenville and Aubervilliers in France

Buyer: Investment vehicle managed by Colony Capital

Vendor: Alpha Pyrenees

Deal size in USD: 27.16m

Type: Divestment

Financing: Cash

Status: Closed

Buyer advisor: , ,

Comment:

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Publication:M & A Navigator
Geographic Code:4EUFR
Date:Feb 9, 2016
Words:106
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