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Inovalis Real Estate Investment Trust Closes €14.0 Million Sale of Baldi Property
Businesswire· 2025-12-23 22:00
TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the "REIT†) (TSX: INO.UN) today announced the closing of the sale of the Baldi property for €14.0 million ($22.9 million). The 124,000 square foot office and mixed-use property comprised of four buildings around a central courtyard, is located near the Paris ring road in Saint-Ouen, France. "This closing represents our second completed disposition in 2025, together generating approximately $23 million in cash for the REIT,†said Stéphane Am ...