Altareit SA (FR:AREIT) has released an update.
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Altarea has announced the sale of three major logistics sites for approximately €390 million, marking a strategic move to capitalize on its growth in the logistics sector. The sales include sites sold to WDP and CBRE IM, featuring sustainable logistics platforms in key locations like Vaucluse and Loire-Atlantique. These transactions underscore Altarea’s commitment to expanding its portfolio and enhancing its position in the logistics market.
For further insights into FR:AREIT stock, check out TipRanks’ Stock Analysis page.

