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Vonovia buys stake in resi portfolio from SNCF as part of consortium

AMPERE Gestion, a subsidiary of CDC Habitat, and Swiss Life Asset Managers, Real Estate France, acting on behalf of five institutional investors, have announced an agreement to acquire 80% of Foncière Vesta from ICF Novedis, an SNCF subsidiary. Foncière Vesta currently owns a portfolio of 4,000 un[…]