PARIS-Tamar European Industrial Fund has announced the sale of two properties in France. A private investor paid a net price of roughly GBP 1.9 million to acquire a 101,138-square-foot warehouse situated in Trappes. A German forklift truck producer fully occupies the property. A 3,046-square-foot vacant unit in an industrial estate comprising 20 units in Torcy was purchased by an owner-occupier for a net price of roughly GBP 0.2 million.
Orchestra Immobilier and BNP Paribas Real Estate represented the fund in the Torcy and Trappes deals, respectively. For the full story, go to Europe Real Estate .
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