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- July 1, 2011: Vol. 5, Number 7

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AXA Buys Spanish Petrol Stations

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AXA Real Estate Investment Managers, through its Alternative Property Income Venture, has acquired 28 petrol stations in northern Spain in a e55 million sale-and-leaseback with Eroski. The properties, all of which are located adjoining an Eroski hypermarket or shopping centre, are subject to a 20-year triple-net lease with Eroski.

 

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