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IReit Global to acquire Decathlon properties in France for 110.5m euros

Published Wed, Apr 28, 2021 · 10:18 AM

IREIT Global has, through its wholly-owned subsidiary Fit 2, entered into a conditional sale agreement to acquire Decathlon's properties in France for 110.5 million euros (S$176.8 million).

The portfolio comprises 27 retail properties with a gross lettable area of 95,477 square metres.

Upon completion, all properties will be leased-back to the sporting …

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