Part of French portfolio on the market


Vabeld has decided to lower the weigth of its French portfolio mostly for management reasons, as it consists of a substantial number of smaller properties spread over the northern half of the country.

Vabeld has appointed CBRE to lead this process.

A vacant office property in Villeneuve d’Asq near Lille has already been sold off to a developer who intends to convert the space into residential units.