The
French listed real estate investment trust model or SIIC, which has
attracted billions of euros of foreign investment into France and
boosted the quality and sustainability of its urban environment, may see
its attraction to international investors reduced by new taxation
rules, the Chief Executive of the European Public Real Estate
Association (EPRA) said on Wednesday.
EPRA
CEO Philip Charls said: "The French SIIC regime belongs to the Grand
Cr
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Skanska
is selling the office property Forskaren 3 in Lund, Sweden, for SEK 310
million (approx. €34 million). The buyer is Wihlborgs Fastigheter AB,
and the transfer will take place December 1.
The transaction will be
recorded in the fourth quarter.