Login

AXA REIM sells 50% stake in Etrembières for €43.3m

AXA Real Estate Investment Managers has sold a 50% stake in the Etrembières Shopping Centre in France to Eurocommercial for €43.3m, forging a new joint venture partnership.AXA REIM sells 50% stake in the Etrembières for €43.3m
By James Wallace
February 6, 2015 | 4:00 P.M.

This transaction represents the first time Eurocommercial has part-owned a retail asset alongside another investor.  Located in the town of Etrembières, the prime retail asset is within close proximity to the Swiss border and 7km from Geneva.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | AXA REIM sells 50% stake in Etrembières for €43.3m