Morgan Stanley Unit Acquires Logistics Portfolio in France

MT Newswires Live

07/24

Morgan Stanley (MS) said Friday that investment funds managed by its Morgan Stanley Real Estate Investing unit acquired a portfolio of five logistics assets across key French cities, including Paris, Lille, Bordeaux, Nimes and Tours.

The portfolio comprises about 160,000 square meters of logistics space and is fully leased, the company said.

Financial terms were not disclosed.

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