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28 May 2012

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French SIIC Gecina pays e157m for Khapa Boulogne Billancourt

French REIT/SIIC Gecina, still in the midst of a separation from Spanish listed group Metrovacesa, has bought the mixed office and retail complex Khapa in the Paris suburb of Boulogne Billancourt from Hines European Development Fund for e157m.

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