Patrizia Logistik-Invest Europa, fund of Patrizia Immobilien AG (XTRA:P1Z) agreed to acquire three assets in France from Montea Comm.VA (ENXTBR:MONT) for €60.4 million on December 29, 2016. As of December 29, 2016, Patrizia acquired St Cyr en Val and Tilloy-lez-Cambrai from Montea. The sale of Savigny-le-Temple is expected to close by December 31, 2017.

For the year 2016, the three assets generated revenue of €4.4 million.