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28 May 2012

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French FPF nearer E1bn goal with E160m Paris portfolio

French REIT/SIIC Foncière Paris France has acquired a E160m portfolio of Paris buildings as part of its purchase of the commercial property business of Société Nationale Immobilière's SAGI unit. It takes FPF nearer the stated goal of founder Jean Paul Dumortier of E1bn AUM.

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