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ALPH : Alpha Pyrenees sells office in Gennevilliers
Alpha Pyrenees has announced that it has sold an office investment in Gennevilliers in France (north Western Paris suburbs) for €7.4m. The price is in line with book value. The property comprises 3,410 sqm and is let to Husqvarna France on a 9 year lease with a fixed term of 6 years from April 2014.
The proceeds will be held in cash.
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