Patrimoine & Commerce Expands Retail Park Portfolio

Patrimoine et Commerce (FR:PAT) has released an update.

Patrimoine & Commerce has acquired a portfolio of 13 retail park assets valued at 35 million euros, enhancing its presence in Wittenheim and Laon. With a 100% occupancy rate, these assets are occupied by major discount brands, reinforcing the company’s strategy in the low-cost retail sector. This acquisition aligns with the company’s goal of achieving 1 billion euros in assets under management.

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